Practice 1Z0-1060-23 Exam Online

Question 1

A customer has four external systems: Consumer Loan, Auto Loan, Home Loan and Insurance. Functional users are allowed to process and view transactions and accounting for all these systems.

Which two implementations allow similar accountingrules to be shared?

A : One subledger for the 3 Loan systems and one subledger for Insurance.

B : One subledger for each source system.

C : One subledger for all 4 source systems.

D : One subledger for Consumer Loan and Auto Loan, and one subledger for HomeLoan and Insurance.

Answer: A,B

Question 2

What is the required date format used to import accounting transactions to Accounting Hub Cloud?

A : The user can customize the date format

B : MM-DD-YYYY

C : DD-MON-YYYY

D : YYYY-MM-DD

Answer: D

Question 3

Which two can you use to view supporting reference balances?

A : Use the Supporting Reference Balance Inquiry page.

B : Submit the standard Supporting Reference Balances Report.

C : Use Oracle Transactional Business Intelligence to create an analysis using the Subledger Accounting - Supporting Reference Real Time subject area.

D : Use Business Intelligence Publisher to build a custom report.

Answer: A,C

Question 4

Which role combines the functional privilege for an individual task or duty with the relevant data security policies?

A : Abstract Roles

B : Data Role

C : Duty Role

D : Aggregate Privilege

Answer: D

Question 5

A customer's business requirement demands a more granular view of transferred subledger journal entries in GL.

Which of the available General LedgerJournal Entry Summarization options meets this requirement?

A : Summarize by GL Date

B : Summarize by GL Period

C : Group by GL Date

D : Transfer in Details

Answer: A

Name:	Oracle Accounting Hub Cloud 2023 Implementation Professional
Exam Code:	1Z0-1060-23
Certification:	Oracle Cloud
Vendor:	Oracle
Total Questions:	90
Last Updated:	Apr 22, 2024

Oracle 1Z0-1060-23