Oracle 1Z0-1060-21 : Oracle Accounting Hub Cloud 2021 Implementation Essentials

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Oracle 1Z0-1060-21 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

Question 1

What is NOT included in the minimum required accountingattribute assignments?

A. Accounting Date
B. Distribution Type
C. First Distribution Identifier
D. Second Distribution Identifier

Question 2

What is the key attribute that is used to query journalentries of a registered source system?

A. Journal Source
B. Ledger Name
C. Accounting Date
D. Transaction Date

Question 3

Which three duty roles are required to perform Accounting Hub setup tasks?

A. Accounting Hub Maintenance
B. Accounting Hub Administration
C. Subledger Accounting Manager
D. Application Implementation Consultant
E. Accounting Hub Integration

Question 4

'Insurances for Homes' company provide home insurance service. They have in-house built system that processes home insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, be able to report and view the entries using an advanced reporting and analytical tools forslicing and dicing the Journal entries.
Which is a correct example for a formula to prorate amounts evenly across each period? Note that the NumberofGLPeriod is a predefined function that returns the number of non adjustment accounting periods between twodates.

A. "Amount" * ("Last Day ol Current Accounting Period" - "Effective Date" + 1) / (("Expiry Date"
"Effective Date") + 1)
B. "Amount" - ("Last Day of Current Accounting Period" - "Effective Date" ) / ("Expiry Date" -"Effective Date")
C. "Amount" *( NumberofGLPeriod ("Effective Date", "Last Day of Current Accounting Period") + 1)/ (NumberofGLPeriod ("Effective Date", "Expiiy Date") + 1)
D. "Amount" * NumberofGLPeriod ("Effective Date", "Last Day of Current Accounting Period") / NumberofGLPeriod ("Effective Date", 'Expiry Date")

Question 5

What are all the tabs that areavailable to be completed in the Register Source System spreadsheet?

A. Source System, Transaction Information, and Line Information
B. Source System
C. Source System and Line Information
D. Source System and Transaction Information

Solutions: