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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	Adjusting Journal Entries: This section measures the skills of Accountants in creating sub-ledger journals that include overrides and adjustments as necessary. It covers techniques for ensuring journal entries reflect true financial positions. A key skill measured is accurately adjusting journal entries to maintain integrity.
Topic 3	Registering Source System and PaaS (ICS) Integration: This section focuses on Integration Specialists and covers managing transaction information, line information worksheets, and integrating source systems with PaaS (ICS). It emphasizes the importance of seamless data integration for accurate financial reporting. A significant skill assessed is managing integration processes effectively.
Topic 4	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 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.
Topic 6	Updating Registered Source System: This section measures the skills of Systems Administrators in updating accounting attribute assignments, sources, and event types within registered source systems. It includes ensuring that all updates align with organizational standards. A key skill measured is maintaining accurate system configurations.
Topic 7	Configuring Accounting Rules: This section targets Accounting Managers and focuses on managing various accounting rules such as intercompany journal lines, multiperiod journal entries, and accrual reversals. It emphasizes the importance of accurate rule configuration for financial accuracy. A critical skill assessed is configuring accounting rules effectively.
Topic 8	Accessing Accounting, Reporting, Audit, and Reconciliation Requirements: This section targets Accounting Professionals and analyzes the requirements for accounting, reporting, auditing, and reconciliation related to transaction types. It emphasizes understanding compliance and accuracy in financial reporting. A critical skill assessed is evaluating audit and reconciliation needs thoroughly.
Topic 9	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.

Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q70-Q75):

NEW QUESTION # 70
In Functional Setup Manager, if setup data is segmented by a specific context, you can perform the setup task iteratively, such as assigning different ledger options to different primary ledgers.
Which action should you take to specify the context?

A. Select the value for a Feature
B. Select the value for a Functional Area.
C. Select the value for a Scope
D. Select the value for a Lookup Code

Answer: C

NEW QUESTION # 71
You are implementing the Oracle Fusion Cloud Financial Accounting Hub (FAH) service for three legacy Receivables systems. As part of your FAH implementation project, the customer requests that general ledger journals be summarized to keep a thin general ledger as billing in the three source systems is per delivery.
Which two options can be used in FAH to create the requested general ledger journals?

A. Group by general ledger period
B. Summarize by general ledger period
C. Summarize by general ledger date
D. Summarize by journal category
E. Summarize by journal source
F. Group by general ledger date

Answer: B,C

NEW QUESTION # 72
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, Adjustment only, and Subledger
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, and Subledger only

Answer: A,B

NEW QUESTION # 73
Oracle Transactional Business Intelligence enables developers and end users to create meaningful analyses and reports by eliminating the need for SQL skills.
Which THREE tools can be used by developers and end users, while working with Oracle Transactional Business Intelligence?

A. BI Answers
B. BI Composer
C. BI Publisher
D. BI Drive
E. BI Mobile App Designer

Answer: A,B,E

NEW QUESTION # 74
A manual subledger journal did not reverse. What could be the reason for this?

A. The next accounting period was future-enterable
B. The Reverse Accrual On field was left null
C. The next accounting period was open
D. The Create Accrual Reversal Accounting process had run and completed with no errors

Answer: B

NEW QUESTION # 75
......

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PASS 1Z0-1060-24 EXAM WITH EXCELLENT PASS 1Z0-1060-24 TEST BY VCETORRENT

Pass 1z0-1060-24 Exam with Excellent Pass 1z0-1060-24 Test by VCETorrent