Exam Name: Oracle Accounting Hub Cloud 2021 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Financials Cloud
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Oracle 1Z0-1060-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Source System and Integration | - Update registered source systems - Register source systems and integration options |
| Diagnostics | - Perform diagnostic and troubleshooting tasks |
| Transaction Lifecycle | - Analyze transaction type life cycle |
| Functional Setup and Security | - Use Functional Setup Manager - Configure security roles and access |
| Accounting, Reporting, Audit, and Reconciliation | - Analyze accounting, reporting, audit, and reconciliation requirements |
| Modeling Considerations | - Analyze modeling considerations |
| Reporting and Period Close | - Reporting and period close processes |
| Adjust Journal Entries | - Manage and adjust journal entries |
| Accounting Rule Configuration | - Configure and analyze accounting rules |
| Transaction Data and Automation | - Understand transaction data and automation with web services |
Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:
To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?
- A. Conversion type
- B. Conversion type, conversion date and conversion rate
- C. Conversion date and conversion rate
- D. Conversiontype and conversion date
A new source system has been registered into Accounting Hub Cloud. Users are actively using this new subledqer. Subsequently, the business signed up a contract with a new supplier. A new mapping value thatmaps suppliers with the accounts needs to be added. You make updates on the mappings in the existing mapping set rule by adding more mapping valued.
After saving the update, what is the next required action?
- A. Download a new transaction data template.
- B. Activate the journal entry rule set.
- C. Activate the accounting method.
- D. There is no required action. The mapping addition is complete.
What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?
- A. provide real-time visibility to financial reports inFAH Reporting Cloud Service
- B. synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
- C. transfer Balances to FAH Reporting Cloud Service
- D. upload transaction data into FAH Reporting Cloud Service
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 not balanced by entered currency.
- B. It is notbalanced by balancing segment.
- C. It appears correct.
- D. It is not balanced by entered amounts.
What are all the tabs that areavailable to be completed in the Register Source System spreadsheet?
- A. Source System
- B. Source System, Transaction Information, and Line Information
- C. Source System and Line Information
- D. Source System and Transaction Information
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