1Z0-1060-24 LATEST BRAINDUMPS BOOK | TEST 1Z0-1060-24 SIMULATOR

1z0-1060-24 Latest Braindumps Book | Test 1z0-1060-24 Simulator

1z0-1060-24 Latest Braindumps Book | Test 1z0-1060-24 Simulator

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Oracle 1z0-1060-24 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Registering Source System and PaaS (ICS) Integration: This section focuses on Integration Specialists and covers managing transaction information, line information worksheets, and integrating source systems with PaaS (ICS). It emphasizes the importance of seamless data integration for accurate financial reporting. A significant skill assessed is managing integration processes effectively.
Topic 2
  • Describing Security: This section measures the skills of Security Administrators in explaining users and role-based access control within financial systems. It covers the security console's functionality to manage user permissions effectively. A key skill measured is implementing robust security measures for system access control.
Topic 3
  • Analyzing Transaction Type Lifecycle: This section measures the skills of Financial Analysts and focuses on analyzing and identifying the transaction lifecycle within source systems. It covers the stages from transaction initiation to completion, ensuring all aspects of the lifecycle are understood. A key skill measured is effectively mapping the transaction lifecycle.
Topic 4
  • Analyzing and Creating Financial Reporting Structures and Ledgers: This section measures the skills of Financial Controllers in analyzing configuration requirements for legal entities, financial reporting structures, and ledgers. It includes understanding how to set up these structures to meet organizational needs. A key skill measured is designing effective financial reporting frameworks.
Topic 5
  • Configuring Accounting Rules: This section targets Accounting Managers and focuses on managing various accounting rules such as intercompany journal lines, multiperiod journal entries, and accrual reversals. It emphasizes the importance of accurate rule configuration for financial accuracy. A critical skill assessed is configuring accounting rules effectively.
Topic 6
  • Updating Registered Source System: This section measures the skills of Systems Administrators in updating accounting attribute assignments, sources, and event types within registered source systems. It includes ensuring that all updates align with organizational standards. A key skill measured is maintaining accurate system configurations.

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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q27-Q32):

NEW QUESTION # 27
You are trying to explain to an accountant that account override is an adjustment feature of Subledger Accounting.
Which TWO traits can help you further explain this feature?

  • A. It is intended to correct only the subledger journals that have been posted
  • B. It provides an audit trail by preserving the original subledger journal entry
  • C. It adjusts the original source transaction
  • D. It allows users to record a reason for the adjustment

Answer: B,D


NEW QUESTION # 28
A banking organization is currently using different transaction systems for various types of loans, including vehicle loans, personal loans, education loans, and housing loans. You have been appointed as a consultant to implement Accounting Hub Cloud.
Which THREE points should you remember while registering the source system for the organization?

  • A. Summarized Transaction type information cannot be sent for accounting transformation
  • B. Use separate subledgers to ensure less data processing in each run
  • C. Use separate subledgers to provide more security across applications
  • D. A transaction type and its associated transaction data typically relate to a single document of transaction
  • E. Use separate subledgers to share sub-ledger accounting rules

Answer: B,C,D


NEW QUESTION # 29
Your client has decided to implement Accounting Hub along with other Oracle-owned subledgers. They want to know about the predefined accounting methods that Oracle provides.
Which three are the predefined accounting methods?

  • A. Standard Accrual for China
  • B. Standard Accrual for USA
  • C. Standard Accrual
  • D. Standard Accrual for Japan
  • E. Standard Accrual with Encumbrances

Answer: C,D,E


NEW QUESTION # 30
Your client decides to implement Accounting Hub along with other Oracle-owned subledgers. They want to know about the predefined accounting methods that Oracle provides.
Which of the following THREE are predefined accounting methods?

  • A. Standard Accrual for USA
  • B. Standard Accrual
  • C. Standard Accrual for Japan
  • D. Standard Accrual for China
  • E. Standard Accrual with Encumbrances

Answer: B,D,E


NEW QUESTION # 31
You are assigned to troubleshoot a Create Accounting error.
Which is the first step that you need to perform to use the Diagnostics Framework feature?

  • A. Set the 'SLA: Enable Diagnostic' profile option.
  • B. Run the Accounting Event Diagnostic report.
  • C. Run Create Accounting again to generate journal entries for the events that ended in error.
  • D. Submit the Accounting Event Diagnostic process.

Answer: A


NEW QUESTION # 32
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