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Oracle 1Z0-1060-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Upload Transaction Data and Adjust Journal Entries | 10% | |
| Topic 2: Analyze Transaction Type Life Cycle | 15% | |
| Topic 3: Register and Update Source Systems | 15% | |
| Topic 4: Modeling Considerations | 10% | |
| Topic 5: Analyze Accounting, Reporting, Audit and Reconciliation Requirements | 20% | |
| Topic 6: Reporting, Auditing and Diagnostics | 10% | |
| Topic 7: Configure Accounting Rules | 20% |
Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:
What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?
- A. synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
- B. provide real-time visibility to financial reports inFAH Reporting Cloud Service
- C. upload transaction data into FAH Reporting Cloud Service
- D. transfer Balances to FAH Reporting Cloud Service
Correct Answer: A 🗳️
The new billing source system has been registered into Accounting Hub Cloud. The subledger is in active state. At a later date, the business decides to bring in another legacy system (for example, a payment system) for accounting in Accounting Hub.
What two options do you have?
- A. Change the transaction data file.
- B. Add this as a new transaction typo into existing subledger registration spreadsheet template.
- C. Register it as a new source system.
- D. Add this as a new transaction type into existing registered subledger from the user interface.
Correct Answer: C,D 🗳️
Which three are mandatory transaction source information?
- A. Transaction Number
- B. Distribution Link
- C. Ledger Name
- D. Transaction Date
- E. Transaction Line
Correct Answer: A,C,D 🗳️
What can you override in a completed subledger journal entry?
- A. the account
- B. the amounts
- C. the supporting Information
- D. the descriptions
Correct Answer: A 🗳️
A financial analyst at your workplace would like to frequently view Journal entries report with all line details attributes with user's specific set of criteria and pivot table.
What is the solution to implement this requirement quickly?
- A. Build a custom Oracle Transactional Business Intelligence report on subledger accounting subject areas.
- B. Request support team to download subledger Journal entry data.
- C. Run predefined reports and filter the report with the available report parameters.
- D. Build a new data warehouse solution.
Correct Answer: A 🗳️
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