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1z0-1060-24 Exam Reviews - 1z0-1060-24 Exam Lab Questions

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Oracle 1z0-1060-24 Exam Syllabus Topics:

Topic
Details

Topic 1

Describing Functional Setup Manager: This section targets Functional Analysts and explains the components of Functional Setup Manager used in configuring applications. It emphasizes understanding how to manage setups effectively within an organization. A critical skill assessed is explaining setup processes clearly.

Topic 2

Analyzing and Creating Financial Reporting Structures and Ledgers: This section measures the skills of Financial Controllers in analyzing configuration requirements for legal entities, financial reporting structures, and ledgers. It includes understanding how to set up these structures to meet organizational needs. A key skill measured is designing effective financial reporting frameworks.

Topic 3

Analyzing Transaction Type Lifecycle: This section measures the skills of Financial Analysts and focuses on analyzing and identifying the transaction lifecycle within source systems. It covers the stages from transaction initiation to completion, ensuring all aspects of the lifecycle are understood. A key skill measured is effectively mapping the transaction lifecycle.

Topic 4

Automating Transaction Data with Web Service: This section measures the skills of Data Analysts in automating transaction data loading from spreadsheets or other sources while managing exceptions. It covers techniques for improving data entry efficiency.

Topic 5

Describing Security: This section measures the skills of Security Administrators in explaining users and role-based access control within financial systems. It covers the security console's functionality to manage user permissions effectively. A key skill measured is implementing robust security measures for system access control.

>> 1z0-1060-24 Exam Reviews <<

Free PDF Oracle - Fantastic 1z0-1060-24 - Oracle Accounting Hub Cloud 2024 Implementation Professional Exam Reviews

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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q72-Q77):

NEW QUESTION # 72
Which is an alternate way to implement a mapping set rule?

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

Answer: C

NEW QUESTION # 73
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. Oracle Transactional Business Intelligence
B. Smart View
C. Financial Reporting Studio
D. Account Group

Answer: A

NEW QUESTION # 74
Your customer needs to generate journal entries for the insurance premium collected from the sale of policies. The different components of the premium collected by the company include Basic Premium and Tax.
While uploading the transaction details containing both Basic Premium and Tax amounts, which transaction source would you use to link the transaction header and line information?

A. Document Key
B. Document Sequence Number
C. Transaction Type
D. Transaction Number

Answer: D

NEW QUESTION # 75
Your customer wants to be alerted to changes in the balances of their key General Ledger accounts on a regular basis and asks your advice on the best reporting option.
Which reporting tool would you suggest?

A. Account Groups and Sunburst
B. Smart View
C. Financial Reporting Studio
D. Oracle Transactional Business Intelligence

Answer: A

NEW QUESTION # 76
Your client, a banking organization, is currently using different transaction systems for different types of loans including vehicle loans, personal loans, education loans, and housing loans. You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge off as event types.
The customer now asks you to add another transaction type called Loan Interest Accrual Reversal.
What should be your response to the customer?

A. Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template
B. A new transaction type cannot be added after the source system is registered
C. The source system should be registered again by including the Loan Interest Accrual Reversal event type
D. Loan Interest Accrual Reversal can be added as a new event type from the user interface

Answer: D

NEW QUESTION # 77
......

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Matt Scott Matt Scott

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