Oracle Financials Cloud 1Z0-1060-21

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Oracle 1Z0-1060-21 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. The new billing source system has been registered into Accounting Hub Cloud. The subledger is in active state. At a later date, the business decides to bring in another legacy system (for example, a payment system) for accounting in Accounting Hub.
What two options do you have?

A) Add this as a new transaction typo into existing subledger registration spreadsheet template.
B) Add this as a new transaction type into existing registered subledger from the user interface.
C) Change the transaction data file.
D) Register it as a new source system.

2. Which two can you use to view supporting reference balances?

A) Use the Supporting Reference Balance Inquiry page.
B) Use Oracle Transactional Business Intelligence to create an analysis using the Subledger Accounting - Supporting Reference Real Time subject area.
C) Use Business Intelligence Publisher to build a custom report.
D) Submit the standard Supporting Reference Balances Report.

3. A customer has a business requirement to provide additional information about subledger Journals that cannot be found in a predefined report.
How can you meet this requirement?

A) Build a Financial Reporting Studio report that includes all dimensions.
B) Create a Smart View report using the query designer feature.
C) Use either Account Monitor or Account Inspector to getrequired Information.
D) Build an OTBI analysis that includes a relevant subject area.

4. 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) Document Sequence
C) Accounting Sequence
D) Reporting Sequence

5. Which four options are used to reconcile subledger journal entries?

A) Build a custom OTBIreport.
B) Run the Subledger Accounting Diagnostics report.
C) Set up reconciliation using the reconciliation reference accounting attribute.
D) Assign a descriptive text and source on journal lines.
E) Tag supporting references with journal entry lines.
F) Run the Subledger Accounting Method Setups report.

Solutions: