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Oracle 1Z0-1060-21 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

Question 1

Which is an alternate way to implement a mappingset rule?

A. Define a chart of account rule with conditions.
B. Define an account rule with conditions.
C. Define a lookup type rule with conditions.
D. Define a flexfield rule with conditions.

Question 2

A customer has four external systems: Consumer Loan, Auto Loan, Home Loan and Insurance. Functional users are allowed to process and view transactions and accounting for all these systems.
Which two implementations allow similar accountingrules to be shared?

A. One subledger for the 3 Loan systems and one subledger for Insurance.
B. One subledger for all 4 source systems.
C. One subledger for Consumer Loan and Auto Loan, and one subledger for HomeLoan and Insurance.
D. One subledger for each source system.

Question 3

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.

Question 4

What is a user job role data context assignment?

A. Duty role context assignment to a user
B. Security privileges assignment to a user job role
C. Security data access context assignment to a user job role
D. Security data role context assignment to auser job role

Question 5

To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?

A. Conversiontype and conversion date
B. Conversion type
C. Conversion date and conversion rate
D. Conversion type, conversion date and conversion rate

Solutions: