1z0-1060-24 New Practice Materials & Reliable Test 1z0-1060-24 Test
1z0-1060-24 New Practice Materials & Reliable Test 1z0-1060-24 Test
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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q24-Q29):
NEW QUESTION # 24
Which TWO privileges are recommended while enabling Audit History on several key business objects?
- A. View Audit History
- B. Manage Application Objects
- C. Audit Assignment Grade
- D. Manage Audit Policies
Answer: A,D
NEW QUESTION # 25
The cloud client wants to drive an efficient transfer of accounting entries between Subledger Accounting and their General Ledgers. Hence, they are skipping the Post Subledger Journal Entries and Journal Import processes.
Under what three conditions are the improvements to transfer of Subledger Accounting entries to General Ledger enhancement ignored?
- A. When the Create Accounting process is submitted in Final and Post modes
- B. When online accounting is submitted from the transaction pages
- C. When accounting is transferred outside of Fusion General Ledger
- D. When the Multiperiod Accounting process is submitted
Answer: A,B,D
NEW QUESTION # 26
Which predefined role allows a user to manage the period close activities in the General Ledger (GL) application?
- A. General Accountant
- B. Chief Financial Officer (CFO)
- C. Financial Analyst
- D. General Accounting Manager
Answer: D
NEW QUESTION # 27
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 always required between the chart of accounts of the primary ledger and the secondary ledger
- C. A chart of accounts mapping is only required if a secondary ledger has a different chart of accounts than its primary ledger
- D. Conversion levels available for a secondary ledger are Balance, Journal, and Subledger only
Answer: A,C
NEW QUESTION # 28
Your new Oracle Fusion Cloud customer has a reporting requirement to balance general ledger journals not only between companies (primary balancing segments and Legal Entities) but also within divisions. The proposed chart of account structure has the following nine segments:
Company-Division-Department-Account-Subaccount-Product-Intercompany-Future1-Future2 Which segment label should be selected on Division to achieve the reporting requirement?
- A. Local Use segment
- B. Cost Center segment
- C. Second Balancing segment
- D. Management segment
- E. Intercompany segment
Answer: C
NEW QUESTION # 29
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