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Oracle 1Z0-1060-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reporting and Period Close | - Reporting and period close processes |
| Accounting, Reporting, Audit, and Reconciliation | - Analyze accounting, reporting, audit, and reconciliation requirements |
| Transaction Data and Automation | - Understand transaction data and automation with web services |
| Adjust Journal Entries | - Manage and adjust journal entries |
| Accounting Rule Configuration | - Configure and analyze accounting rules |
| Source System and Integration | - Register source systems and integration options - Update registered source systems |
| Modeling Considerations | - Analyze modeling considerations |
| Diagnostics | - Perform diagnostic and troubleshooting tasks |
| Functional Setup and Security | - Use Functional Setup Manager - Configure security roles and access |
| Transaction Lifecycle | - Analyze transaction type life cycle |
Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:
What can you override in a completed subledger journal entry?
- A. the account
- B. the descriptions
- C. the supporting Information
- D. the amounts
Correct Answer: A 🗳️
What is theterminology that is used to refer to the number of transactions processed by Create Accounting in one commit cycle?
- A. Processing Unit Size
- B. Virtual Machine Processing Size
- C. Buffer Unit Size
- D. Accounting Unit Commit Size
Correct Answer: A 🗳️
While creating a journal entry rule set you are NOT able to use an account rule that was createdrecently.
Which two reasons can explain this?
- A. The account rule is using sources that have not been assigned to the same event class that is associated to the journal entry rule set.
- B. The account rule is defined with a different chart of accounts from the journal entry rule set.
- C. The account rule does not return any valid account value.
- D. The account rule is defined with conditions that are not allowing the assignment.
Correct Answer: A,B 🗳️
A customer's business requirement demands a more granular view of transferred subledger journal entries in GL.
Which of the available General LedgerJournal Entry Summarization options meets this requirement?
- A. Group by GL Date
- B. Summarize by GL Period
- C. Transfer in Details
- D. Summarize by GL Date
Correct Answer: A 🗳️
Given the subledger journal entry:
Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?
- A. It is notbalanced by balancing segment.
- B. It appears correct.
- C. It is not balanced by entered amounts.
- D. It is not balanced by entered currency.
Correct Answer: A 🗳️
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