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Oracle 1Z0-1060-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Accounting Hub Cloud Overview | - Concepts and architecture of Accounting Hub Cloud - Key business benefits and use cases |
| Reporting and Reconciliation | - Financial reporting outputs - Reconciliation processes |
| Source Systems Integration | - Integrating external source systems - Data ingestion and transformation |
| Accounting Hub Data Processing | - Import and validation of transactions - Event model and processing flow |
| Subledger Accounting and Rules | - Mapping sets and conditions - Accounting rules definition - Journal generation process |
| Setup and Configuration | - Security and role configuration - Configuration of accounting methods - Implementation setup tasks |
Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:
1. What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?
A) synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
B) transfer Balances to FAH Reporting Cloud Service
C) provide real-time visibility to financial reports inFAH Reporting Cloud Service
D) upload transaction data into FAH Reporting Cloud Service
2. Which two actions can you accomplish for a registered source system?
A) Add new event classes through the user interface.
B) Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet.
C) Modify the subledger application name as long as thereare no pending accounting entries.
D) Revise source Information through the user interface and add more sources.
3. The new billing source system has been registered into Accounting Hub Cloud. The subledger is in active state. At a later date, the business decides to bring in another legacy system (for example, a payment system) for accounting in Accounting Hub.
What two options do you have?
A) Add this as a new transaction type into existing registered subledger from the user interface.
B) Add this as a new transaction typo into existing subledger registration spreadsheet template.
C) Change the transaction data file.
D) Register it as a new source system.
4. Given the journal:
What is the terminology that is used to identify the "Account Number', 'Original Balance' ,and 'Origination Date' fields?
A) Attribute Identifier
B) Source System Identifier
C) System Identifier
D) User Transaction Identifier
5. How many transaction eventclasses can be set up for a subledger uploaded to Accounting Hub Cloud?
A) Three
B) Two
C) One
D) Unlimited
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B,D | Question # 3 Answer: A,D | Question # 4 Answer: A | Question # 5 Answer: C |
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