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Oracle 1Z0-1060-21 Exam Syllabus Topics:

SectionObjectives
Subledger Accounting and Rules- Accounting rules definition
- Mapping sets and conditions
- Journal generation process
Accounting Hub Cloud Overview- Concepts and architecture of Accounting Hub Cloud
- Key business benefits and use cases
Reporting and Reconciliation- Reconciliation processes
- Financial reporting outputs
Accounting Hub Data Processing- Import and validation of transactions
- Event model and processing flow
Setup and Configuration- Implementation setup tasks
- Configuration of accounting methods
- Security and role configuration
Source Systems Integration- Integrating external source systems
- Data ingestion and transformation

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

Question 1

What is theterminology that is used to refer to the number of transactions processed by Create Accounting in one commit cycle?

A. Virtual Machine Processing Size
B. Processing Unit Size
C. Accounting Unit Commit Size
D. Buffer Unit Size


Question 2

What can you override in a completed subledger journal entry?

A. the descriptions
B. the amounts
C. the account
D. the supporting Information


Question 3

You are explaining to an accountant that account override is an adjustment featureof Subledger Accounting.
Which two traits can help you explain this feature?

A. The account override feature allows users to record a reason for the adjustment.
B. The account override feature provides an audit trail by preserving the original subledger journal entry.
C. The account override feature is only intended to correct subledger journals that have been posted.
D. The account override feature adjusts the original source transaction.


Question 4

How do you enable diagnostics on subledger transaction sources?

A. enable diagnostic source
B. enable diagnostic profile
C. enable transaction debug
D. enable diagnostic attribute


Question 5

What is the required date format used to import accounting transactions to Accounting Hub Cloud?

A. MM-DD-YYYY
B. YYYY-MM-DD
C. DD-MON-YYYY
D. The user can customize the date format


Solutions:

Question 1
Answer: B
Question 2
Answer: C
Question 3
Answer: A,B
Question 4
Answer: B
Question 5
Answer: B

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