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1z0-1060-24 Learning Material: Oracle Accounting Hub Cloud 2024 Implementation Professional & 1z0-1060-24 Practice Test
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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q13-Q18):
NEW QUESTION # 13
Your client, a banking organization, is currently using different transaction systems to take care of various types of loans, including vehicle loans, personal loans, education loans, and housing loans.
You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge Off as event types.
Now the customer has asked you to add another transaction type called Loan Interest Accrual Reversal.
What should be your response to the customer?
- A. Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template.
- B. A new transaction type cannot be added after the source system is registered.
- C. Loan Interest Accrual Reversal can be added as a new event type from the user interface.
- D. The source system should be registered again by including the Loan Interest Accrual Reversal event type.
Answer: C
NEW QUESTION # 14
Oracle Transactional Business Intelligence enables developers and end users to create meaningful analyses and reports by eliminating the need for SQL skills.
Which THREE tools can be used by developers and end users, while working with Oracle Transactional Business Intelligence?
- A. BI Answers
- B. BI Publisher
- C. BI Mobile App Designer
- D. BI Drive
- E. BI Composer
Answer: A,C,E
NEW QUESTION # 15
Your client decides to:
Configure a primary ledger for local statutory reporting requirements and a secondary ledger to manage alternative accounting requirements.
Use Financial Reporting Studio to manage the financial reports that leverage the cube connections.
They are seeking your advice to understand the cubes that the system creates to store the balances for these two ledgers.
Based on which unique combination of ledger components are the cube connections generated?
- A. Calendar and Currency
- B. Chart of Accounts and Calendar
- C. Chart of Account and Currency
- D. Convention and Currency
- E. Chart of Account and Convention
Answer: B
NEW QUESTION # 16
You are assigned to troubleshoot a Create Accounting error.
Which is the first step that you need to perform to use the Diagnostics Framework feature?
- A. Set the 'SLA: Enable Diagnostic' profile option.
- B. Submit the Accounting Event Diagnostic process.
- C. Run the Accounting Event Diagnostic report.
- D. Run Create Accounting again to generate journal entries for the events that ended in error.
Answer: A
NEW QUESTION # 17
Your client has implemented the Oracle Cloud Accounting Hub solution and they are importing the transaction data from the source system on a daily basis. While importing the data from the source system, some transactions are not getting accounted properly. They want these invalid transactions purged and the corrected transactions imported again.
Which job would you submit to purge the invalid transactions?
- A. Import Accounting Transactions Job with Purge Invalid Transaction parameter set to 'Yes'
- B. Purge Accounting Hub Transactions Job
- C. Purge Invalid and Unaccounted Accounting Hub Transactions Job
- D. Accounting Hub Maintenance Job with Mode set to Purge Invalid or Unaccounted Transactions
Answer: D
NEW QUESTION # 18
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