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The Oracle 1z0-1060-22 exam is intended for professionals who have experience in implementing and managing enterprise accounting solutions. This exam is particularly suitable for professionals who are responsible for implementing and managing the Oracle Accounting Hub Cloud 2022 solution in complex enterprise environments. Passing this exam is an excellent way for professionals to demonstrate their expertise in implementing and managing Oracle Accounting Hub Cloud 2022 and to advance their careers.

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Oracle Accounting Hub Cloud 2022 Implementation Professional Sample Questions (Q59-Q64):

NEW QUESTION # 59
Given the subledger journal entry:

Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?

A. It is not balanced by entered currency.
B. It is not balanced by entered amounts.
C. It is not balanced by balancing segment.
D. It appears correct.

Answer: C

NEW QUESTION # 60
A financial analyst at your workplace would like to frequently view Journal entries report with all line details attributes with user’s specific set of criteria and pivot table.
What is the solution to implement this requirement quickly?

A. Request support team to download subledger Journal entry data.
B. Build a custom Oracle Transactional Business Intelligence report on subledger accounting subject areas.
C. Build a new data warehouse solution.
D. Run predefined reports and filter the report with the available report parameters.

Answer: B

NEW QUESTION # 61
Given the business use case:
‘New Trucks’ runs a fleet of trucks in a rental business In the U.S. The majority of the trucks are owned; however, in some cases, ‘New Truck’ may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is ‘L’. When trucks are owned, the internal source code is ‘O’. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the “New Trucks* company has a subsidiary company ‘Fix Trucks’ that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, ‘New Trucks’ needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
What wil the typical transaction information be at the header level?

A. Currency
B. Amount
C. Line Type
D. Customer Number

Answer: D

NEW QUESTION # 62
What is the key attribute that is used to query journal entries of a registered source system?

A. Journal Source
B. Transaction Date
C. Ledger Name
D. Accounting Date

Answer: A

NEW QUESTION # 63
Which task in the Setup and Maintenance work area is used to download the template for registering a source system in the Accounting Hub Cloud?

A. Manage Subledger Application
B. Manage Configuration Packages
C. Create Subledger Application Setups in the Spreadsheet
D. Update Subledger Accounting Options

Answer: C

NEW QUESTION # 64
……

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Oracle Accounting Hub Cloud 2022 Implementation Professional Sample Questions (Q59-Q64):

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