Online Access Free 1z0-1060-25 Exam Questions

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

Which two conditions must be met for automatic data provisioning to work?

• A.At least one role is automatically provisioned to the user using role provisioning rules.
• B.The data provisioning rule has at least one job, one position, and one inventory organization assigned to it.
• C.At least one of the user's assignments matches all data-mapping conditions in a data provisioning rule.

The Insurance for Homes company provides home insurance services in the USA, the UK, France, and Italy.
It is headquartered in the USA. The entities in the UK, France, and Italy are subsidiaries of the USA entity.
The company decides to configure four primary ledgers, one each for the USA, the UK, France, and Italy. It also plans to configure three secondary ledgers under the UK, France, and Italy primary ledgers.
Which TWO statements are true about setting up secondary ledgers?

• A.Conversion levels available for a secondary ledger are Balance, Journal, and Subledger only
• B.A chart of accounts mapping is only required if a secondary ledger has a different chart of accounts than its primary ledger
• C.A chart of accounts mapping is always required between the chart of accounts of the primary ledger and the secondary ledger
• D.Conversion levels available for a secondary ledger are Balance, Journal, Adjustment only, andSubledger

You are trying to explain to an accountant that account override is an adjustment feature of Subledger Accounting.
Which TWO traits can help you further explain this feature?

• A.It is intended to correct only the subledger journals that have been posted
• B.It allows users to record a reason for the adjustment
• C.It adjusts the original source transaction
• D.It provides an audit trail by preserving the original subledger journal entry

Which is an alternate way to implement a mapping set rule?

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