Training 1z0-1060-22 For Exam & 1z0-1060-22 Valid Practice Questions

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The Oracle 1z0-1060-22 exam is a professional certification test designed for individuals who want to become an expert in Oracle Accounting Hub Cloud 2022 Implementation. This exam covers various aspects of the Oracle Accounting Hub Cloud 2022 Implementation that includes financials, accounting, and other related concepts. The Oracle 1z0-1060-22 exam is designed to test the candidate's knowledge and skills in implementing Oracle Accounting Hub Cloud 2022.

The Oracle 1z0-1060-22 Exam, also known as the Oracle Accounting Hub Cloud 2022 Implementation Professional Certification Exam, is designed for professionals who specialize in managing and implementing accounting technology solutions using Oracle Accounting Hub Cloud. This certification exam validates the candidate's expertise in deploying the Oracle Accounting Hub Cloud solution, configuring its features and functionalities, and integrating it with other applications.

Oracle 1z0-1060-22 Exam Syllabus Topics:

Topic	Details
Topic 1	Transaction data and automation with web service Register Source System and PaaS (ICS) integration
Topic 2	Upload transaction data, correct when there are errors, and perform automation with web service Accounting, reporting, audit, and reconciliation requirements
Topic 3	Common Application Configuraitons for Accounting Hub Manage Reporting with Financial Reporting Web Studio
Topic 4	Explain Users and Role Based Access Control Manage Reporting with BI Publisher Update Registered Source System
Topic 5	Update Registered Source System: accounting attribute assignments, sources, event types Peform Subledger Accounting Diagnostics
Topic 6	Adjust journal entries: override, create manual adjustment entries Analyze and identify transaction life cycle in the source system
Topic 7	Manage Transaction Information and Line Information Worksheets and Transaction Objects Manage Journal Entry Rule Sets
Topic 8	Analyze configuration requirements related to Legal Entities, Financial Reporting Structures and Ledgers Transaction type life cycle

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Oracle Accounting Hub Cloud 2022 Implementation Professional Sample Questions (Q33-Q38):

NEW QUESTION # 33
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 sourcecode 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.
How do you calculate discounts for use in the accounting rule?

A. Usecustom formulas
B. Use flexfield
C. Use mapping set rules
D. Use analytical calculations

Answer: A

NEW QUESTION # 34
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 to all users without a role assignment
D. Data assignments can be made only to users who are assigned to specific duty roles

Answer: B

NEW QUESTION # 35
Where do you define the currency conversion type to be used in converting accountedamount for reporting currency ledger?

A. Specify Ledger Options
B. Manage Accounting Attribute Assignments
C. Manage Reporting Currencies
D. Manage Subledger Accounting Options

Answer: B

NEW QUESTION # 36
To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?

A. Conversiontype and conversion date
B. Conversion type, conversion date and conversion rate
C. Conversion date and conversion rate
D. Conversion type

Answer: B

NEW QUESTION # 37
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 would the typical line information be?

A. Company
B. Truck Type
C. Transaction Date
D. Customer Number

Answer: B

NEW QUESTION # 38
......

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