1z0-1060-24 Study Questions - 1z0-1060-24 Guide Torrent & 1z0-1060-24 Exam Torrent

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Oracle 1z0-1060-24 Exam Syllabus Topics:

Topic	Details
Topic 1	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.
Topic 2	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 3	Analyzing and Creating Financial Reporting Structures and Ledgers: This section measures the skills of Financial Controllers in analyzing configuration requirements for legal entities, financial reporting structures, and ledgers. It includes understanding how to set up these structures to meet organizational needs. A key skill measured is designing effective financial reporting frameworks.
Topic 4	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 5	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 6	Accessing Accounting, Reporting, Audit, and Reconciliation Requirements: This section targets Accounting Professionals and analyzes the requirements for accounting, reporting, auditing, and reconciliation related to transaction types. It emphasizes understanding compliance and accuracy in financial reporting. A critical skill assessed is evaluating audit and reconciliation needs thoroughly.
Topic 7	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.

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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q41-Q46):

NEW QUESTION # 41
Your customer has four external systems to manage their home loan, auto loan, consumer loan, and personal loan businesses. They decide to implement Accounting Hub to import their transactional data for generating journal entries from these source systems. While evaluating different possibilities, they ask for your suggestion about the sharing of accounting rules for these external systems.
Which implementation setup allows the sharing of accounting rules for all four external systems?

A. Four subledgers; one for each source system
B. Two subledgers; one for home loan and auto loan and another for consumer loan and personal loan.
C. Three subledgers; one for home loan and auto loan, second for consumer loan, and third for personal loan
D. One subledger for all four source systems

Answer: D

NEW QUESTION # 42
Which four actions can you take by using Security Console?

A. Manage Data Access for Users
B. Create Roles
C. Manage Automatic Data Provisioning
D. Compare Roles
E. Manage Password of Other Users
F. Manage User Name Generation Rules and Password Policies

Answer: B,D,E,F

NEW QUESTION # 43
Your client has a requirement to report directly from transactional tables and return the results in real-time, thus eliminating the need for a data warehouse.
Which tool would you suggest to your client to achieve this?

A. Smart View
B. Account Group
C. Oracle Transactional Business Intelligence
D. Financial Reporting Studio

Answer: C

NEW QUESTION # 44
Which two conditions must be met for automatic data provisioning to work?

A. The data provisioning rule has at least one job, one position, and one inventory organization assigned to it.
B. At least one role is automatically provisioned to the user using role provisioning rules.
C. At least one of the user's assignments matches all data-mapping conditions in a data provisioning rule.

Answer: B,C

NEW QUESTION # 45
Your client, a banking organization, currently uses different transaction systems for various types of loans, including vehicle loans, personal loans, education loans, and housing loans. The client has already implemented other subledger applications including payable, assets, and expenses.
You have been hired as a consultant to help them implement the Accounting Hub solution for streamlining the accounting entries from the source system. One of their requirements is to track the overall loan amount disbursed by each loan officer. You decide to use the supporting references functionality to achieve this requirement. However, when you try to define the loan officer as a supporting reference, the add option is disabled.
What could be the reason for this issue?

A. Thirty supporting references with balances have already been defined, so a new supporting reference cannot be added
B. Supporting references can be used only with predefined applications, such as payable, assets, and expenses
C. Supporting reference tracking was not enabled while registering the source system
D. Subledger application name was not selected as a scope before defining the supporting reference

Answer: D

NEW QUESTION # 46
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1Z0-1060-24 STUDY QUESTIONS - 1Z0-1060-24 GUIDE TORRENT & 1Z0-1060-24 EXAM TORRENT

1z0-1060-24 Study Questions - 1z0-1060-24 Guide Torrent & 1z0-1060-24 Exam Torrent