Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Financials Cloud
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Oracle 1Z0-1060-20 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Implementation and Administration | - Deployment and maintenance
|
| Accounting Hub Cloud Overview | - Architecture and key components
|
| Reporting and Reconciliation | - Financial reporting outputs
|
| Accounting Rules and Mapping | - Accounting rule definition
|
| Configuration and Setup | - Initial setup tasks
|
| Data Integration and Processing | - Transaction processing
|
Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:
What can you override in a completed subledger journal entry?
- A. the supporting Information
- B. the amounts
- C. the descriptions
- D. the account
Correct Answer: D 🗳️
Most of the accounting entries for transaction from the source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use the TAX_AMOUNT source.
At what level can you override the default accounting attribute assignment?
- A. Event Class
- B. Journal Line Rule
- C. Event Type
- D. Journal Entry Rule Set
- E. Journal Entry
Correct Answer: B 🗳️
What is the key attribute that is used to query journal entries of a registered source system?
- A. Accounting Date
- B. Journal Source
- C. Ledger Name
- D. Transaction Date
Correct Answer: B 🗳️
A customer's business requirement demands a more granular view of transferred subledger journal entries in GL.
Which of the available General Ledger Journal Entry Summarization options meets this requirement?
- A. Group by GL Date
- B. Summarize by GL Period
- C. Summarize by GL Date
- D. Transfer in Details
Correct Answer: A 🗳️
What is the required date format used to import accounting transactions to Accounting Hub Cloud?
- A. The user can customize the date format
- B. MM-DD-YYYY
- C. DD-MON-YYYY
- D. YYYY-MM-DD
Correct Answer: D 🗳️
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