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Here are sample Oracle Accounting Hub Cloud 2024 Implementation Professional (1Z0-1060-24) Exam questions from real exam. You can get more Oracle Cloud (1Z0-1060-24) Exam premium practice questions at TestInsights.

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Total 80 questions
Question 1

To create journal entries, the Create Accounting process takes source data used in accounting rules from tables or views.

What are the tables or views called?


Correct : C


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Question 2

You are tasked with identifying the reason for a user from your client organization not being able to submit the job that imports the transaction data for accounting and posting in General Ledger.

You realize that a duty role needs to be associated with a job role for authorizing the access to import the accounting transactions process.

Which duty role would you suggest?


Correct : D


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Question 3

Where do you define the currency conversion type to be used in converting accounted amount for reporting currency ledger?


Correct : A


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Question 4

Your client organization deals in providing loans to its customers. You are appointed as a consultant to implement Oracle Fusion Cloud Accounting Hub to standardize the accounting process. Your client has a requirement to retrieve the segment values for the debit and credit side of journal entries based on different criteri

a. You decide to create a mapping set to retrieve the value of the cost center segment based on loan type as the input source. Your client wants the values to be validated from a list while creating the input and output mappings.

Which two options allow the validation of input values on mapping sets?


Correct : A, D


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Question 5

Your customer has four external systems to manage their home loan, auto loan, consumer loan, and personal loan businesses. They have decided to implement Accounting Hub to import the transactional data for generating journal entries from these source systems. While evaluating different possibilities, they ask you to provide your suggestion on sharing accounting rules for these external systems.

Which implementation setup allows the sharing of accounting rules for all four external systems?


Correct : A


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Total 80 questions