Online Access Free 1z0-1060-22 Exam Questions

Which two components are used by the Approvals Workflow in Oracle Cloud Applications?

• A.BPM Worklist
• B.OTBI
• C.SOA Suite
• D.Calculation Manager

A new source system has been registered into Accounting Hub Cloud. Users are actively using this new subledqer. Subsequently, the business signed up a contract with a new supplier. A new mapping value thatmaps suppliers with the accounts needs to be added. You make updates on the mappings in the existing mapping set rule by adding more mapping valued.
After saving the update, what is the next required action?

• A.There is no required action. The mapping addition is complete.
• B.Download a new transaction data template.
• C.Activate the journal entry rule set.
• D.Activate the accounting method.

Given the business use case:
'New Trucks' runs a fleet of trucks in a rentalbusiness 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: totalmaintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income. 'New Trucks' and' Fix Trucks' are located in the same country and share chart-of accounts and accounting conventions.
How manyledgers are required to be set up?

• A.One primary, one secondary ledger
• B.One primary ledger
• C.Two primary ledgers
• D.One primary, one repotting currency ledger

Which two components are used as part of the accounting event model?

• A.Event Category.
• B.Event Class.
• C.Event Type.
• D.Event Object.

Which two actions can you accomplish for a registered source system?

• A.Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet.
• B.Revise source Information through the user interface and add more sources.
• C.Modify the subledger application name as long as thereare no pending accounting entries.
• D.Add new event classes through the user interface.