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Oracle 1Z0-1060-21 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. Most of the accounting entries for transaction from the source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use the TAX_AMOUNT source.
At what level can you override the default accounting attribute assignment?

A) Event Class
B) Event Type
C) Journal Line Rule
D) Journal Entry Rule Set
E) Journal Entry

2. What is the duty role that needs to be assigned for authorizing accounting processing in Accounting Hub Cloud?

A) Accounting Hub Create Accounting Duty Role
B) Accounting Hub Create and Post Journal Entry Duty Role
C) Accounting Hub Import Duty Role
D) Accounting HubIntegration Duty Role

3. What is a user job role data context assignment?

A) Security data role context assignment to auser job role
B) Security data access context assignment to a user job role
C) Security privileges assignment to a user job role
D) Duty role context assignment to a user

4. Given the subledger journal entry:

Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?

A) It is notbalanced by balancing segment.
B) It is not balanced by entered amounts.
C) It appears correct.
D) It is not balanced by entered currency.

5. Where do you define the currency conversion type to be used in converting accountedamount for reporting currency ledger?

A) Manage Accounting Attribute Assignments
B) Manage Reporting Currencies
C) Manage Subledger Accounting Options
D) Specify Ledger Options

Solutions: