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Oracle 1z0-1060-24 Exam Syllabus Topics:

Topic	Details
Topic 1	Describing Security: This section measures the skills of Security Administrators in explaining users and role-based access control within financial systems. It covers the security console's functionality to manage user permissions effectively. A key skill measured is implementing robust security measures for system access control.
Topic 2	Registering Source System and PaaS (ICS) Integration: This section focuses on Integration Specialists and covers managing transaction information, line information worksheets, and integrating source systems with PaaS (ICS). It emphasizes the importance of seamless data integration for accurate financial reporting. A significant skill assessed is managing integration processes effectively.
Topic 3	Adjusting Journal Entries: This section measures the skills of Accountants in creating sub-ledger journals that include overrides and adjustments as necessary. It covers techniques for ensuring journal entries reflect true financial positions. A key skill measured is accurately adjusting journal entries to maintain integrity.
Topic 4	Analyzing and Creating Financial Reporting Structures and Ledgers: This section measures the skills of Financial Controllers in analyzing configuration requirements for legal entities, financial reporting structures, and ledgers. It includes understanding how to set up these structures to meet organizational needs. A key skill measured is designing effective financial reporting frameworks.
Topic 5	Configuring Accounting Rules: This section targets Accounting Managers and focuses on managing various accounting rules such as intercompany journal lines, multiperiod journal entries, and accrual reversals. It emphasizes the importance of accurate rule configuration for financial accuracy. A critical skill assessed is configuring accounting rules effectively.

Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q21-Q26):

NEW QUESTION # 21
Your client, a banking organization, is currently using different transaction systems for different types of loans including vehicle loans, personal loans, education loans, and housing loans. You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge off as event types.
The customer now asks you to add another transaction type called Loan Interest Accrual Reversal.
What should be your response to the customer?

A. Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template
B. Loan Interest Accrual Reversal can be added as a new event type from the user interface
C. The source system should be registered again by including the Loan Interest Accrual Reversal event type
D. A new transaction type cannot be added after the source system is registered

Answer: B

NEW QUESTION # 22
Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they are processing transactions in a source system, and you have been appointed as a consultant to implement Oracle Cloud Accounting Hub to standardize the accounting process. You have decided to register the source system as a single application in Accounting Hub.
How many event classes will be generated by the system while registering the source system?

A. Three
B. Four
C. Two
D. One

Answer: D

NEW QUESTION # 23
You design an income statement report with the help of Financial Reporting Web Studio. You add row numbers 3, 4, and 5 to reflect the balances for three different expense accounts and row number 6 to reflect the sum of row numbers 3, 4, and 5.
Which formula should be used on row number 6 to calculate the sum?

A. ([3:5])
B. ({3:5})
C. ([3;5])
D. ([3,5])

Answer: A

NEW QUESTION # 24
You are implementing the Oracle Fusion Cloud Financial Accounting Hub (FAH) service for three legacy Receivables systems. As part of your FAH implementation project, the customer requests that general ledger journals be summarized to keep a thin general ledger as billing in the three source systems is per delivery.
Which two options can be used in FAH to create the requested general ledger journals?

A. Summarize by journal source
B. Group by general ledger date
C. Summarize by general ledger period
D. Summarize by journal category
E. Summarize by general ledger date
F. Group by general ledger period

Answer: C,E

NEW QUESTION # 25
Which transaction source is used to link transaction header and line information?

A. Transaction Number
B. Transaction Type
C. Transaction Date
D. Transaction Key

Answer: A

NEW QUESTION # 26
......

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Sample 1z0-1060-24 Questions Pdf, Reliable 1z0-1060-24 Test Pattern

100% Pass Quiz 1z0-1060-24 - Oracle Accounting Hub Cloud 2024 Implementation Professional Authoritative Sample Questions Pdf

Oracle 1z0-1060-24 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q21-Q26):

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