This is the latest dumps for the exam 1Z1-1060! I passed highly and i also received some help kindly from the service. Thanks!
Ten minutes of practice today beats an hour of regret tomorrow. The 1Z1-1060 question bank at Prep4away is maintained by specialists in Oracle technology, constantly upgraded, and delivered with 365 days of free updates for every Oracle Accounting Hub Cloud 2019 Implementation Essentials buyer.
| Section | Objectives |
|---|---|
| Topic 1: Configuration and Setup | - Application setup
|
| Topic 2: Subledger Accounting and Rules | - Accounting rule definitions
|
| Topic 3: Data Integration and Processing | - Source system integration
|
| Topic 4: Security and Administration | - User roles and access control
|
| Topic 5: Accounting Hub Cloud Overview | - Core concepts and architecture
|
| Topic 6: Reporting and Reconciliation | - Financial reporting
|
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Oracle publishes the following prerequisites for the Oracle Accounting Hub Cloud 2019 Implementation Essentials: Recommended knowledge of Oracle Financials Cloud and basic accounting principles..
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What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?
Correct Answer: A 🗳️
You have been assigned to troubleshoot a Create Accounting error.
What is the first step you need to take to use the diagnostics framework features?
Correct Answer: B 🗳️
What are the tables or views from which the Create Accounting process takes source data that is used in accounting rules to create journal entries referred to as?
Correct Answer: B 🗳️
Which two options allow validating input values on mapping sets?
Correct Answer: D 🗳️
Given the business use case:
'New Trucks' runs a fleet of trucks in a rental business In the U.S. The majority of the trucks are owned; however, in some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company
'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
What would the typical line information be?
Correct Answer: B 🗳️
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