Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Financials Cloud
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Oracle 1Z0-1060-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Accounting Rules and Configuration | 30% | - Subledger Accounting Configuration
|
| Transaction Processing | 15% | - Accounting Processing
|
| Accounting Hub Overview | 10% | - Accounting Hub Fundamentals
|
| Reporting and Inquiry | 15% | - Reporting Capabilities
|
| Implementation and Security | 10% | - Administration and Security
|
| Source System Integration | 20% | - Transaction Data Integration
|
Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:
Which is an alternate way to implement a mapping set rule?
- A. Define an account rule with conditions.
- B. Define a chart of account rule with conditions.
- C. Define a flexfield rule with conditions.
- D. Define a lookup type rule with conditions.
Correct Answer: A 🗳️
What kind of sequence can be assigned to subledger journal entries at the time that the journal entries are created in final mode?
- A. Document Sequence
- B. Reporting Sequence
- C. Accounting Sequence
- D. Journal Entry Sequence
Correct Answer: C 🗳️
You have created a description rule. When you try to select this description rule to be displayed as a header description rule in a journal entry rule set, you are not able to find this rule in the list of values.
What is the possible reason for NOT finding the rule?
- A. The rule is built using a custom source.
- B. The rule is built using a line level source.
- C. The source does not return any value; therefore the rule is not displayed.
- D. The rule is built using a value set source.
Correct Answer: B 🗳️
What attribute of a subledger journal entry is NOT transferred to GL?
- A. Accounting class
- B. Accounting lines
- C. Supporting references
- D. Accounted amounts
Correct Answer: C 🗳️
What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?
- A. upload transaction data into FAH Reporting Cloud Service
- B. synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
- C. transfer Balances to FAH Reporting Cloud Service
- D. provide real-time visibility to financial reports in FAH Reporting Cloud Service
Correct Answer: B 🗳️
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