Oracle 1z0-1060-24 Questions To Gain Brilliant Result [2025]

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Oracle 1z0-1060-24 Exam Syllabus Topics:

Topic	Details
Topic 1	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.
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	Updating Registered Source System: This section measures the skills of Systems Administrators in updating accounting attribute assignments, sources, and event types within registered source systems. It includes ensuring that all updates align with organizational standards. A key skill measured is maintaining accurate system configurations.
Topic 4	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 5	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 6	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 7	Configuring Accounting Rules: This section targets Accounting Managers and focuses on managing various accounting rules such as intercompany journal lines, multiperiod journal entries, and accrual reversals. It emphasizes the importance of accurate rule configuration for financial accuracy. A critical skill assessed is configuring accounting rules effectively.
Topic 8	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.

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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q21-Q26):

NEW QUESTION # 21
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 Composer
B. BI Answers
C. BI Publisher
D. BI Drive
E. BI Mobile App Designer

Answer: A,B,E

NEW QUESTION # 22
The Unified Migration option helps move functional setup data from one instance to another.
Which TWO statements are true about Unified Migration?

A. The Unified Migration option requires registration of the target environment in the source environment
B. You can optionally migrate only the new changes if both environments are synchronized
C. There is no need to import the migration set into a sandbox instance before it is applied to the target environment
D. You need to manually download the configuration set from the source and manually upload it into the target

Answer: A,B

NEW QUESTION # 23
The Insurance for Homes company provides home insurance services in the USA, the UK, France, and Italy. It is headquartered in the USA.
The entities in the UK, France, and Italy are subsidiaries of the USA entity.
The company decides to configure four primary ledgers, one each for the USA, the UK, France, and Italy. It also plans to configure three secondary ledgers under the UK, France, and Italy primary ledgers.
Which TWO statements are true about setting up secondary ledgers?

A. Conversion levels available for a secondary ledger are Balance, Journal, Adjustment only, and Subledger
B. A chart of accounts mapping is only required if a secondary ledger has a different chart of accounts than its primary ledger
C. A chart of accounts mapping is always required between the chart of accounts of the primary ledger and the secondary ledger
D. Conversion levels available for a secondary ledger are Balance, Journal, and Subledger only

Answer: A,B

NEW QUESTION # 24
You design an income statement report with the help of Financial Reporting Web Studio. You add row numbers 3, 4, and 5 to reflect the balances for three different expense accounts and row number 6 to reflect the sum of row numbers 3, 4, and 5.
Which formula should be used on row number 6 to calculate the sum?

A. ([3;5])
B. ([3,5])
C. ([3:5])
D. ({3:5})

Answer: C

NEW QUESTION # 25
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. Run Create Accounting again to generate journal entries for the events that ended in error.
B. Run the Accounting Event Diagnostic report.
C. Set the 'SLA: Enable Diagnostic' profile option.
D. Submit the Accounting Event Diagnostic process.

Answer: C

NEW QUESTION # 26
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Oracle 1z0-1060-24 Questions To Gain Brilliant Result [2025]

Oracle 1z0-1060-24 Exam Syllabus Topics:

Best Quality Oracle 1z0-1060-24 Exam Questions

Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q21-Q26):

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