Online Access Free 1z0-1060-24 Exam Questions

A banking organization is currently using different transaction systems for various types of loans, including vehicle loans, personal loans, education loans, and housing loans. You have been appointed as a consultant to implement Accounting Hub Cloud.
Which THREE points should you remember while registering the source system for the organization?

• A.Use separate subledgers to share sub-ledger accounting rules
• B.Summarized Transaction type information cannot be sent for accounting transformation
• C.Use separate subledgers to ensure less data processing in each run
• D.Use separate subledgers to provide more security across applications
• E.A transaction type and its associated transaction data typically relate to a single document of transaction

Apart from a mapping set-based account rule, which is the other way to retrieve segment values for journal entries?

• A.Define a chart of accounts rule with conditions
• B.Define a flexfield rule with conditions
• C.Define a lookup type rule with conditions
• D.Define an account rule with conditions

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 Multiperiod Accounting process is submitted
• 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 online accounting is submitted from the transaction pages

Which three duty roles are required to perform Accounting Hub setup tasks?

• A.Accounting Hub Maintenance
• B.Accounting Hub Administration
• C.Application Implementation Consultant
• D.Accounting Hub Integration
• E.Subledger Accounting Manager

Your client organization deals in providing loans to its customers. You are appointed as a consultant to implement Oracle Fusion Cloud Accounting Hub to standardize the accounting process. Your client has a requirement to retrieve the segment values for the debit and credit side of journal entries based on different criteri a. You decide to create a mapping set to retrieve the value of the cost center segment based on loan type as the input source. Your client wants the values to be validated from a list while creating the input and output mappings.
Which two options allow the validation of input values on mapping sets?

• A.Chart of accounts segment
• B.Lookup types
• C.Segment values
• D.Value sets