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Shortest Way To Pass Oracle's Oracle Accounting Hub Cloud 2024 Implementation Professional 1z0-1060-24 Exam
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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q69-Q74):
NEW QUESTION # 69
You are explaining to an accountant that account override is an adjustment feature of subledger accounting.
Which two traits can help you explain this?
- A. It adjusts the original source transaction
- B. It provides an audit trail by preserving the original subledger journal entry
- C. It enables users to record a reason for the adjustment
- D. It is intended to correct only the subledger journals that have been posted
Answer: B,C
NEW QUESTION # 70
Your client deals in Banking, Insurance, and Stock Trading. They have separate transaction systems to process their transactions. You have been appointed as a consultant to implement Accounting Hub Cloud to streamline and standardize the accounting process for each of the source systems.
The client wants to generate the following accounting entries:
Banking-related transactions on a daily basis
Stock trading transactions on alternate days
Insurance transactions on a weekly basis
Considering the nature of business, frequency of generating accounting entries, and the load on the system, how many source systems would you suggest?
- A. Three
- B. Four
- C. Two
- D. One
Answer: A
NEW QUESTION # 71
Which duty role is required to authorize access to the import accounting transactions process?
- A. Accounting Hub Import duty role
- B. Accounting Hub Create and Post Journal Entry duty role
- C. Accounting Hub Create Accounting duty role
- D. Accounting Hub Integration duty role
Answer: D
NEW QUESTION # 72
Your client has a requirement to report directly from transactional tables and return the results in real-time, thus eliminating the need for a data warehouse.
Which tool would you suggest to your client to achieve this?
- A. Financial Reporting Studio
- B. Account Group
- C. Smart View
- D. Oracle Transactional Business Intelligence
Answer: D
NEW QUESTION # 73
Which predefined role allows a user to manage the period close activities in the General Ledger (GL) application?
- A. Financial Analyst
- B. General Accounting Manager
- C. General Accountant
- D. Chief Financial Officer (CFO)
Answer: B
NEW QUESTION # 74
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