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Oracle 1Z0-1060-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Reporting, Auditing and Diagnostics | 10% | |
| Upload Transaction Data and Adjust Journal Entries | 10% | |
| Modeling Considerations | 10% | |
| Configure Accounting Rules | 20% | |
| Register and Update Source Systems | 15% | |
| Analyze Transaction Type Life Cycle | 15% | |
| Analyze Accounting, Reporting, Audit and Reconciliation Requirements | 20% |
Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:
Given the journal:
What is the terminology that is used to identify the "Account Number', 'Original Balance' ,and 'Origination Date' fields?
- A. Source System Identifier
- B. User Transaction Identifier
- C. System Identifier
- D. Attribute Identifier
Correct Answer: D 🗳️
What is a user job role data context assignment?
- A. Security data role context assignment to auser job role
- B. Security data access context assignment to a user job role
- C. Duty role context assignment to a user
- D. Security privileges assignment to a user job role
Correct Answer: B 🗳️
Given the business use case:
'New Trucks' runs a fleetof trucks in a rental business In the U.S. The majority of the trucks are owned; however, in some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract andrecognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company
'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs tobe able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
What would the typical line information be?
- A. TransactionDate
- B. Truck Type
- C. Customer Number
- D. Company
Correct Answer: B 🗳️
What kind of sequence can be assigned to subledger journal entries at the time thatthe journal entries are created in final mode?
- A. Accounting Sequence
- B. Journal Entry Sequence
- C. Document Sequence
- D. Reporting Sequence
Correct Answer: A 🗳️
How do you enable diagnostics on subledger transaction sources?
- A. enable diagnostic source
- B. enable diagnostic profile
- C. enable transaction debug
- D. enable diagnostic attribute
Correct Answer: B 🗳️
