Online Access Free 1z0-1060-24 Exam Questions

SIMULATION
Challenge 1: Manage Journal Line Rule
TASK
Create 2 Journal Line Rule
Interest Receivable
Interest Income
Subledger Application: AHC Loan
Process Category: AHC Loan
Event Class: AHC Loan
Event Type: Loan Origination, Interest Accrual, Payment

Which FOUR actions can you perform with the help of the Security Console?

• A.Manage Data Access for Users
• B.Create Roles
• C.Manage Password of other Users
• D.Manage Automatic Data Provisioning
• E.Manage User Name Generation Rules and Password Policies
• F.Compare Roles

Your client, a banking organization, currently uses different transaction systems for various types of loans, including vehicle loans, personal loans, education loans, and housing loans. The client has already implemented other subledger applications including payable, assets, and expenses.
You have been hired as a consultant to help them implement the Accounting Hub solution for streamlining the accounting entries from the source system. One of their requirements is to track the overall loan amount disbursed by each loan officer. You decide to use the supporting references functionality to achieve this requirement. However, when you try to define the loan officer as a supporting reference, the add option is disabled.
What could be the reason for this issue?

• A.Supporting reference tracking was not enabled while registering the source system
• B.Supporting references can be used only with predefined applications, such as payable, assets, and expenses
• C.Thirty supporting references with balances have already been defined, so a new supporting reference cannot be added
• D.Subledger application name was not selected as a scope before defining the supporting reference

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

Your client has decided to implement Accounting Hub along with other Oracle-owned subledgers. They want to know about the predefined accounting methods that Oracle provides.
Which three are the predefined accounting methods?

• A.Standard Accrual for Japan
• B.Standard Accrual with Encumbrances
• C.Standard Accrual for USA
• D.Standard Accrual
• E.Standard Accrual for China