1Z0-1060-24 VALID EXAM CAMP & VALID 1Z0-1060-24 EXAM TESTKING

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1z0-1060-24 Valid Exam Camp & Valid 1z0-1060-24 Exam Testking

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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q25-Q30):

NEW QUESTION # 25
Which statement is true about journal entry rule sets?

  • A. Description rules can be assigned only at the header level of a journal entry rule set.
  • B. Description rules can be assigned at both the header and the line level of a journal entry rule set.
  • C. Description rules can be assigned only at the line level of a journal entry rule set.

Answer: B


NEW QUESTION # 26
Which TWO privileges are recommended while enabling Audit History on several key business objects?

  • A. Manage Application Objects
  • B. View Audit History
  • C. Audit Assignment Grade
  • D. Manage Audit Policies

Answer: B,D


NEW QUESTION # 27
Where do you define the currency conversion type to be used in converting accounted amount for reporting currency ledger?

  • A. Manage Accounting Attribute Assignments
  • B. Manage Reporting Currencies
  • C. Specify Ledger Options
  • D. Manage Subledger Accounting Options

Answer: B


NEW QUESTION # 28
Your client, a banking organization, is currently using different transaction systems to take care of various types of loans, including vehicle loans, personal loans, education loans, and housing loans.
You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge Off as event types.
Now the customer has asked you to add another transaction type called Loan Interest Accrual Reversal.
What should be your response to the customer?

  • A. The source system should be registered again by including the Loan Interest Accrual Reversal event type.
  • B. Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template.
  • C. A new transaction type cannot be added after the source system is registered.
  • D. Loan Interest Accrual Reversal can be added as a new event type from the user interface.

Answer: D


NEW QUESTION # 29
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 online accounting is submitted from the transaction pages
  • B. When accounting is transferred outside of Fusion General Ledger
  • C. When the Create Accounting process is submitted in Final and Post modes
  • D. When the Multiperiod Accounting process is submitted

Answer: A,C,D


NEW QUESTION # 30
......

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