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1z0-1060-24 Test Dump - Valid 1z0-1060-24 Mock Test
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Oracle 1z0-1060-24 Exam Syllabus Topics:
Topic
Details
Topic 1
- Updating Registered Source System: This section measures the skills of Systems Administrators in updating accounting attribute assignments, sources, and event types within registered source systems. It includes ensuring that all updates align with organizational standards. A key skill measured is maintaining accurate system configurations.
Topic 2
- 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 3
- Accessing Accounting, Reporting, Audit, and Reconciliation Requirements: This section targets Accounting Professionals and analyzes the requirements for accounting, reporting, auditing, and reconciliation related to transaction types. It emphasizes understanding compliance and accuracy in financial reporting. A critical skill assessed is evaluating audit and reconciliation needs thoroughly.
Topic 4
- 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 5
- Describing Functional Setup Manager: This section targets Functional Analysts and explains the components of Functional Setup Manager used in configuring applications. It emphasizes understanding how to manage setups effectively within an organization. A critical skill assessed is explaining setup processes clearly.
Topic 6
- 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 7
- Automating Transaction Data with Web Service: This section measures the skills of Data Analysts in automating transaction data loading from spreadsheets or other sources while managing exceptions. It covers techniques for improving data entry efficiency.
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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q53-Q58):
NEW QUESTION # 53
The Insurance for Homes company provides home insurance services in the USA, the UK, France, and Italy. It is headquartered in the USA.
The entities in the UK, France, and Italy are subsidiaries of the USA entity.
The company decides to configure four primary ledgers, one each for the USA, the UK, France, and Italy. It also plans to configure three secondary ledgers under the UK, France, and Italy primary ledgers.
Which TWO statements are true about setting up secondary ledgers?
- A. A chart of accounts mapping is only required if a secondary ledger has a different chart of accounts than its primary ledger
- B. A chart of accounts mapping is always required between the chart of accounts of the primary ledger and the secondary ledger
- C. Conversion levels available for a secondary ledger are Balance, Journal, Adjustment only, and Subledger
- D. Conversion levels available for a secondary ledger are Balance, Journal, and Subledger only
Answer: A,C
NEW QUESTION # 54
Your customer wants to be alerted to changes in the balances of their key General Ledger accounts on a regular basis and asks your advice on the best reporting option.
Which reporting tool would you suggest?
- A. Account Groups and Sunburst
- B. Financial Reporting Studio
- C. Smart View
- D. Oracle Transactional Business Intelligence
Answer: A
NEW QUESTION # 55
Your client deals in Banking, Insurance, and Stock Trading. They have separate transaction systems to process their transactions. You have been appointed as a consultant to implement Accounting Hub Cloud to streamline and standardize the accounting process for each of the source systems.
The client wants to generate the following accounting entries:
Banking-related transactions on a daily basis
Stock trading transactions on alternate days
Insurance transactions on a weekly basis
Considering the nature of business, frequency of generating accounting entries, and the load on the system, how many source systems would you suggest?
- A. Two
- B. Four
- C. Three
- D. One
Answer: C
NEW QUESTION # 56
Your customer wants to enter subledger journals in adjusting periods using the ADFDi spreadsheets.
Which TWO statements are true about entering journals in adjusting periods?
- A. Defaulted Period can be overwritten
- B. Defaulted Period cannot be overwritten
- C. If the accounting date falls in both the non-adjustment and adjustment periods, the value of the accounting period in the Journal Entry page defaults to the non-adjustment period
- D. If the accounting date falls in both the non-adjustment and adjustment periods, the value of the accounting period in the Journal Entry page defaults to the adjustment period
Answer: A,C
NEW QUESTION # 57
The Unified Migration option helps move functional setup data from one instance to another.
Which TWO statements are true about Unified Migration?
- A. You can optionally migrate only the new changes if both environments are synchronized
- B. You need to manually download the configuration set from the source and manually upload it into the target
- C. The Unified Migration option requires registration of the target environment in the source environment
- D. There is no need to import the migration set into a sandbox instance before it is applied to the target environment
Answer: A,C
NEW QUESTION # 58
......
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