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Oracle 1Z0-1060-21 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

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

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

2. What is the key attribute that is used to query journalentries of a registered source system?

A) Journal Source
B) Ledger Name
C) Accounting Date
D) Transaction Date

3. A customer has four external systems: Consumer Loan, Auto Loan, Home Loan and Insurance. Functional users are allowed to process and view transactions and accounting for all these systems.
Which two implementations allow similar accountingrules to be shared?

A) One subledger for the 3 Loan systems and one subledger for Insurance.
B) One subledger for Consumer Loan and Auto Loan, and one subledger for HomeLoan and Insurance.
C) One subledger for each source system.
D) One subledger for all 4 source systems.

4. Invoices received from a source system need touse a specific account based on 30 different expense types.
However, if the invoice is from a certain supplier type, it needs to go to a default account regardless of the expense type.
What is the solution?

A) Create a 30 account combination rule with acondition of expense type.
B) Create an account rule with 31 rule elements using one condition for each expense type and another for supplier type.
C) Create an account rule with three rule elements using one for expense type mapping, one for condition of supplier type, and the other one without any condition.
D) Create two journal line rules with a condition of supplier type.

5. What kind of sequence can be assigned to subledger journal entries at the time thatthe journal entries are created in final mode?

A) Journal Entry Sequence
B) Reporting Sequence
C) Document Sequence
D) Accounting Sequence

Solutions: