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The Oracle 1z0-1060-22 certification exam is designed for professionals who wish to demonstrate their expertise in implementing Oracle Accounting Hub Cloud 2022. This certification exam is aimed at individuals who have experience with Oracle Financials Cloud and are looking to expand their knowledge in accounting hub implementation.
Oracle Accounting Hub Cloud 2022 Implementation Professional Sample Questions (Q88-Q93):
NEW QUESTION # 88
Which two options allow validating input values on mapping sets?
- A. Value sets
- B. Lookup types
- C. Segment values
- D. Chart of accounts segment
Answer: A,B
NEW QUESTION # 89
Which statement is true about managing data access for users?
- A. Data assignments can be made only to users who are assigned to specific abstract roles
- B. Data assignments can be made only to users who are assigned to specific job roles
- C. Data assignments can be made only to users who are assigned to specific duty roles
- D. Data assignments can be made to all users without a role assignment
Answer: B
NEW QUESTION # 90
Given the business use case:
'New Trucks' runs a fleet of 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 and recognized 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 to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
What do you do to enable costs flow from 'New Truck' to 'Fix Truck'?
- A. Enable chart of accounts rule
- B. Enable legal entity rule
- C. Enable intercompany balancing option
- D. Enable balancing rules
Answer: C
NEW QUESTION # 91
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 balancing segment.
- B. It appears correct.
- C. It is not balanced by entered amounts.
- D. It is not balanced by entered currency.
Answer: A
NEW QUESTION # 92
What is the recommended approach for a use case in which some parts of the transaction data must be processed before uploading them to Accounting Hub Cloud?
- A. Use a web service tool.
- B. Use Oracle ERP Integration tool.
- C. Use PaaS tools, for example, ICS - to perform ETL tasks.
- D. Use Oracle OTBI tool.
Answer: C
NEW QUESTION # 93
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