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 |
|---|---|---|
| Source System Integration | 20% | - Transaction Data Integration
|
| Implementation and Security | 10% | - Administration and Security
|
| Transaction Processing | 15% | - Accounting Processing
|
| Reporting and Inquiry | 15% | - Reporting Capabilities
|
| Accounting Hub Overview | 10% | - Accounting Hub Fundamentals
|
| Accounting Rules and Configuration | 30% | - Subledger Accounting Configuration
|
Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:
1. 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.
2. 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
3. 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.
4. What attribute of a subledger journal entry is NOT transferred to GL?
A) Accounting class
B) Accounting lines
C) Supporting references
D) Accounted amounts
5. 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
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: B |
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