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The Oracle 1z0-1060-22 (Oracle Accounting Hub Cloud 2022 Implementation Professional) Exam is a certification exam designed for professionals who want to demonstrate their knowledge and expertise in implementing and configuring the Oracle Accounting Hub Cloud solution. This exam is intended for professionals who have a strong background in finance and accounting, as well as experience with Oracle Cloud technology.
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Oracle Accounting Hub Cloud 2022 Implementation Professional Sample Questions (Q25-Q30):
NEW QUESTION # 25
A financial analyst at your workplace would like to frequently view Journal entries report with all line details attributes with user's specific set of criteria and pivot table.
What is the solution to implement this requirement quickly?
- A. Run predefined reports and filter the report with the available report parameters.
- B. Build a custom Oracle Transactional Business Intelligence report on subledger accounting subject areas.
- C. Build a new data warehouse solution.
- D. Request support team to download subledger Journal entry data.
Answer: B
NEW QUESTION # 26
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 intercompany balancing option
- C. Enable legal entity rule
- D. Enable balancing rules
Answer: B
NEW QUESTION # 27
What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?
- A. transfer Balances to FAH Reporting Cloud Service
- B. upload transaction data into FAH Reporting Cloud Service
- C. synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
- D. provide real-time visibility to financial reports inFAH Reporting Cloud Service
Answer: B
NEW QUESTION # 28
You have been assigned to troubleshoot a Create Accounting error.
What is the first step you need to take to use the diagnostics framework features?
- A. Run the Accounting Events Diagnostic Report.
- B. Run Create Accounting again to generate journal entries for the events that ended in error.
- C. Submit the Accounting Event Diagnostics process.
- D. Set the "SLA: Diagnostics Enabled" profile option.
Answer: D
NEW QUESTION # 29
Which three duty roles are required to perform Accounting Hub setup tasks?
- A. Accounting Hub Integration
- B. Application Implementation Consultant
- C. Accounting Hub Maintenance
- D. Accounting Hub Administration
- E. Subledger Accounting Manager
Answer: A,B,E
NEW QUESTION # 30
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