1z0-1060-22 Premium Files Updated Jan-2023 Practice Valid Exam Dumps Question
Practice with 1z0-1060-22 Dumps for Oracle Financials Cloud Certified Exam Questions & Answer
Oracle 1z0-1060-22 Exam Syllabus Topics:
| Topic | Details |
|---|---|
| Topic 1 |
|
| Topic 2 |
|
| Topic 3 |
|
| Topic 4 |
|
| Topic 5 |
|
| Topic 6 |
|
| Topic 7 |
|
| Topic 8 |
|
NEW QUESTION 27
Which three worksheets are a part of the source system Registration Spreadsheet Template? Choose Three
- A. Accounting Method Information
- B. Transaction Information
- C. Metadata Information
- D. Source System
- E. Line Information
Answer: B,D,E
NEW QUESTION 28
Which three are mandatory transaction source information?
- A. Ledger Name
- B. Transaction Line
- C. Transaction Date
- D. Distribution Link
- E. Transaction Number
Answer: A,C,E
NEW QUESTION 29
Given the business use case:
'New Trucks' runs a fleet of trucks in a rental business In the U.S. The majority of the trucks are owned; however, in some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company 'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
What do you do to enable costs flow from 'New Truck' to 'Fix Truck'?
- A. Enable chart of accounts rule
- B. Enable legal entity rule
- C. Enable intercompany balancing option
- D. Enable balancing rules
Answer: C
NEW QUESTION 30
What is the recommended approach for a use case in which some parts of the transaction data must be processed before uploading them to Accounting Hub Cloud?
- A. Use Oracle ERP Integration tool.
- B. Use PaaS tools, for example, ICS - to perform ETL tasks.
- C. Use a web service tool.
- D. Use Oracle OTBI tool.
Answer: B
NEW QUESTION 31
What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?
- A. transfer Balances to FAH Reporting Cloud Service
- B. synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
- C. upload transaction data into FAH Reporting Cloud Service
- D. provide real-time visibility to financial reports inFAH Reporting Cloud Service
Answer: C
NEW QUESTION 32
Which component of the Accounting Method is used to store additional source information about transactions and is also useful for reconciliation of accounting to source systems, as well as reporting?
- A. Supporting References
- B. Journal Line Rules
- C. Description Rules
- D. Conditions
Answer: A
NEW QUESTION 33
What are all the tabs that are available to be completed in the Register Source System spreadsheet?
- A. Source System and Transaction Information
- B. Source System, Transaction Information, and Line Information
- C. Source System and Line Information
- D. Source System
Answer: B
NEW QUESTION 34
You have recently registered a new source system and now the customer wants you to add another event type within this source system. What is the correct method to add another event type?
- A. Register the source system again by including the New Event Type
- B. Create another source system with the new event type and merge it with the previous source system
- C. Add the new Event Type from the User Interface by navigating to the Manage Subledger Application Page
- D. Download the template again with the source system data, add the new event type, and upload the data again
Answer: C
NEW QUESTION 35
What is the required date format used to import accounting transactions to Accounting Hub Cloud?
- A. YYYY-MM-DD
- B. MM-DD-YYYY
- C. The user can customize the date format
- D. DD-MON-YYYY
Answer: A
NEW QUESTION 36
What is the key attribute that is used to query journal entries of a registered source system?
- A. Accounting Date
- B. Transaction Date
- C. Ledger Name
- D. Journal Source
Answer: D
NEW QUESTION 37
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 that maps 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. There is no required action. The mapping addition is complete.
- B. Activate the journal entry rule set.
- C. Download a new transaction data template.
- D. Activate the accounting method.
Answer: A
NEW QUESTION 38
Which transaction source is used to link transaction header and line information?
- A. Transaction Key
- B. Transaction Date
- C. Transaction Type
- D. Transaction Number
Answer: D
NEW QUESTION 39
You have been assigned to troubleshoot a Create Accounting error.
What is the first step you need to take to use the diagnostics framework features?
- A. Set the "SLA: Diagnostics Enabled" profile option.
- B. Submit the Accounting Event Diagnostics process.
- C. Run the Accounting Events Diagnostic Report.
- D. Run Create Accounting again to generate journal entries for the events that ended in error.
Answer: A
NEW QUESTION 40
Which tool will you use to review an account group in a graphical format from the Financial Reporting Center?
- A. BI Composer
- B. BI Catalog
- C. EPM
- D. Sunburst
Answer: B
NEW QUESTION 41
Which three duty roles are required to perform Accounting Hub setup tasks?
- A. Application Implementation Consultant
- B. Accounting Hub Administration
- C. Accounting Hub Maintenance
- D. Subledger Accounting Manager
- E. Accounting Hub Integration
Answer: A,B,E
NEW QUESTION 42
Which statement is true about managing data access for users?
- A. Data assignments can be made only to users who are assigned to specific abstract roles
- B. Data assignments can be made only to users who are assigned to specific job roles
- C. Data assignments can be made to all users without a role assignment
- D. Data assignments can be made only to users who are assigned to specific duty roles
Answer: B
NEW QUESTION 43
What is the duty role that needs to be assigned for authorizing accounting processing in Accounting Hub Cloud?
- A. Accounting Hub Import Duty Role
- B. Accounting Hub Create and Post Journal Entry Duty Role
- C. Accounting Hub Create Accounting Duty Role
- D. Accounting Hub Integration Duty Role
Answer: D
NEW QUESTION 44
What three are the required elements of an accounting method?
- A. Account rules.
- B. Journal entry rule sets.
- C. Supporting reference.
- D. Description rules.
- E. Journal line rules.
Answer: A,B,E
NEW QUESTION 45
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 type and conversion date
- D. Conversion date and conversion rate
Answer: D
NEW QUESTION 46
......
REAL 1z0-1060-22 Exam Questions With 100% Refund Guarantee : https://www.testkingfree.com/Oracle/1z0-1060-22-practice-exam-dumps.html
Get Special Discount Offer on 1z0-1060-22 Dumps PDF: https://drive.google.com/open?id=1jJ4t3tboglqDKXGmflNFl1k5GtX5tvwe