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Oracle 1Z0-1060-21 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. A customer has four external systems: Consumer Loan, Auto Loan, Home Loan and Insurance. Functional users are allowed to process and view transactions and accounting for all these systems.
Which two implementations allow similar accountingrules to be shared?

A) One subledger for the 3 Loan systems and one subledger for Insurance.
B) One subledger for Consumer Loan and Auto Loan, and one subledger for HomeLoan and Insurance.
C) One subledger for each source system.
D) One subledger for all 4 source systems.

2. What are the tables or views from which the CreateAccounting process takes source data that is used in accounting rules to create journal entries referred to as?

A) Event entities
B) Source objects
C) Transaction objects
D) Mapping sets

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 source does not return any value; therefore the rule is not displayed.
B) The rule is built using a value set source.
C) The rule is built using a custom source.
D) The rule is built using a line level source.

4. What is theterminology that is used to refer to the number of transactions processed by Create Accounting in one commit cycle?

A) Accounting Unit Commit Size
B) Buffer Unit Size
C) Virtual Machine Processing Size
D) Processing Unit Size

5. What attribute of a subledger journal entry is NOT transferred to GL?

A) Accounting lines
B) Accounted amounts
C) Accounting class
D) Supporting references

Solutions: