Oracle Accounting Hub Cloud 2024 Implementation Professional updated pdf material & 1z0-1060-24 exam training vce & online test engine

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Oracle 1z0-1060-24 Exam Syllabus Topics:

Topic	Details
Topic 1	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.
Topic 2	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 3	Analyzing Transaction Type Lifecycle: This section measures the skills of Financial Analysts and focuses on analyzing and identifying the transaction lifecycle within source systems. It covers the stages from transaction initiation to completion, ensuring all aspects of the lifecycle are understood. A key skill measured is effectively mapping the transaction lifecycle.
Topic 4	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 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	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 8	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 (Q65-Q70):

NEW QUESTION # 65
Apart from a mapping set-based account rule, which is the other way to retrieve segment values for journal entries?

A. Define a flexfield rule with conditions
B. Define a chart of accounts rule with conditions
C. Define an account rule with conditions
D. Define a lookup type rule with conditions

Answer: C

NEW QUESTION # 66
You are designing an income statement report with the help of Financial Reporting 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][3:5][3:5]
B. [3;5][3;5][3;5]
C. 3:5{3:5}3:5
D. [3,5][3,5][3,5]

Answer: A

NEW QUESTION # 67
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?

A. Mapping sets
B. Transaction objects
C. Event entities
D. Source objects

Answer: B

NEW QUESTION # 68
In Functional Setup Manager, if setup data is segmented by a specific context, you can perform the setup task iteratively, such as assigning different ledger options to different primary ledgers.
Which action should you take to specify the context?

A. Select the value for a Lookup Code
B. Select the value for a Functional Area.
C. Select the value for a Scope
D. Select the value for a Feature

Answer: C

NEW QUESTION # 69
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. 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
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 adjustment period
D. Defaulted Period can be overwritten

Answer: A,D

NEW QUESTION # 70
......

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Oracle Accounting Hub Cloud 2024 Implementation Professional updated pdf material & 1z0-1060-24 exam training vce & online test engine

Oracle 1z0-1060-24 Exam Syllabus Topics:

1z0-1060-24 Latest Demo | Simulated 1z0-1060-24 Test

Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q65-Q70):

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