Oracle Accounting Hub Cloud 2021 Implementation Essentials : 1Z0-1060-21

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Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. Which two options allow validating input values on mapping sets?

A) Value sets
B) Chart of accounts segment
C) Lookup types
D) Segment values

2. Given the business use case:
'Insurances for Homes' company provides home insurance services. They have an in-house built system that processes insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all Journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, the company need to be able to report and view the entries using advanced reporting and analytical tools for segmenting, viewing and understanding data in the journal entries.
The line information may contain more than one line for the same header.
When uploading transactions, which is a way to differentiate each Journalline?

A) Assign a line classification or line type attribute.
B) You do not need to do anything additional.
C) Assign a custom formula.
D) Assign an accounting attribute.

3. Which two actions can you accomplish for a registered source system?

A) Add new event classes through the user interface.
B) Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet.
C) Modify the subledger application name as long as thereare no pending accounting entries.
D) Revise source Information through the user interface and add more sources.

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

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

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

Solutions: