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Oracle 1z0-1060-24 Exam Syllabus Topics:

Topic	Details
Topic 1	Accessing Accounting, Reporting, Audit, and Reconciliation Requirements: This section targets Accounting Professionals and analyzes the requirements for accounting, reporting, auditing, and reconciliation related to transaction types. It emphasizes understanding compliance and accuracy in financial reporting. A critical skill assessed is evaluating audit and reconciliation needs thoroughly.
Topic 2	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 3	Adjusting Journal Entries: This section measures the skills of Accountants in creating sub-ledger journals that include overrides and adjustments as necessary. It covers techniques for ensuring journal entries reflect true financial positions. A key skill measured is accurately adjusting journal entries to maintain integrity.
Topic 4	Automating Transaction Data with Web Service: This section measures the skills of Data Analysts in automating transaction data loading from spreadsheets or other sources while managing exceptions. It covers techniques for improving data entry efficiency.
Topic 5	Describing Functional Setup Manager: This section targets Functional Analysts and explains the components of Functional Setup Manager used in configuring applications. It emphasizes understanding how to manage setups effectively within an organization. A critical skill assessed is explaining setup processes clearly.
Topic 6	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 7	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 8	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.

Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q12-Q17):

NEW QUESTION # 12
Your customer has four external systems to manage their home loan, auto loan, consumer loan, and personal loan businesses. They have decided to implement Accounting Hub to import the transactional data for generating journal entries from these source systems. While evaluating different possibilities, they ask you to provide your suggestion on sharing accounting rules for these external systems.
Which implementation setup allows the sharing of accounting rules for all four external systems?

A. Two subledgers, one for home loan and auto loan and another for consumer loan and personal loan
B. One subledger for all four source systems
C. Four subledgers, one for each source system
D. Three subledgers, one for home loan and auto loan, the second for consumer loan, and the third for personal loan

Answer: B

NEW QUESTION # 13
Which duty role is required to authorize access to the import accounting transactions process?

A. Accounting Hub Create and Post Journal Entry duty role
B. Accounting Hub Integration duty role
C. Accounting Hub Import duty role
D. Accounting Hub Create Accounting duty role

Answer: B

NEW QUESTION # 14
You are implementing Accounting Hub Cloud for one of your clients. Your client has agreed to have six segments for the chart of accounts: Company, Line of Business, Account, Department, Product, and Intercompany.
For one of the journal line rules, your client requests you to assign a common account rule for Company, Line of Business, Account, and Intercompany. However, for Department and Product, they want to use segment-specific rules.
How will you achieve this while setting up the journal entry rule set?

A. Assign Common Account Rule to all the segments and create overriding rules for the Department and Product segment while creating the supporting references
B. Assign Common Account Rule to all the segments and create overriding rules for the Department and Product segment while creating the accounting method
C. Assign Common Account Rule in the Account Combination rule field and assign Department and Product segment rules in the segment rules section
D. Assign Common Account Rule to all the segments and create overriding rules for the Department and Product segment while assigning the accounting method to the ledger

Answer: C

NEW QUESTION # 15
Which TWO options can you use for reconciling subledger journal entries with the source system?

A. Submit the Subledger Accounting Diagnostics report
B. Submit the Subledger Accounting Diagnostics report
C. Tag supporting references with Journal Line Rules
D. Submit Period Close Exception Report

Answer: A,D

NEW QUESTION # 16
The cloud client wants to drive an efficient transfer of accounting entries between Subledger Accounting and their General Ledgers. Hence, they are skipping the Post Subledger Journal Entries and Journal Import processes.
Under what three conditions are the improvements to transfer of Subledger Accounting entries to General Ledger enhancement ignored?

A. When accounting is transferred outside of Fusion General Ledger
B. When online accounting is submitted from the transaction pages
C. When the Create Accounting process is submitted in Final and Post modes
D. When the Multiperiod Accounting process is submitted

Answer: B,C,D

NEW QUESTION # 17
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1z0-1060-24 Latest Exam Question & New 1z0-1060-24 Test Bootcamp

1z0-1060-24 Latest Exam Question & Leading Offer in Qualification Exams & Oracle Oracle Accounting Hub Cloud 2024 Implementation Professional

Oracle 1z0-1060-24 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q12-Q17):

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