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Oracle 1Z0-1060-20 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?

A) Conversion type and conversion date
B) Conversion type
C) Conversion date and conversion rate
D) Conversion type, conversion date and conversion rate

2. Given the journal:

What is the terminology that is used to identify the "Account Number', 'Original Balance' , and 'Origination Date' fields?

A) Attribute Identifier
B) System Identifier
C) Source System Identifier
D) User Transaction Identifier

3. A financial analyst at your workplace would like to frequently view Journal entries report with all line details attributes with user's specific set of criteria and pivot table.
What is the solution to implement this requirement quickly?

A) Request support team to download subledger Journal entry data.
B) Build a custom Oracle Transactional Business Intelligence report on subledger accounting subject areas.
C) Run predefined reports and filter the report with the available report parameters.
D) Build a new data warehouse solution.

4. In the process of analyzing data from a source system you find that there are no reliable amounts that can be used to build a subledger journal entry.
How can you resolve this challenge?

A) Use a custom formula in a supporting reference to derive amounts.
B) Use a custom formula in a journal line rule to derive amounts.
C) Use a custom formula in an account rule to derive amounts.
D) Use a custom formula in a description rule to derive amounts.

5. After supporting references balances setup component is tagged to subledger journal entries, what type of reports need to be created so that the information is available to users?

A) an Oracle Financial Reporting Studio report
B) a predefined Oracle Business Intelligence Publisher report
C) an Oracle Transactional Business Intelligence analysis
D) a Smart View Report

Solutions: