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The Oracle 1z0-1060-22 Exam consists of multiple-choice questions that cover a wide range of topics related to the Oracle Accounting Hub Cloud solution. Some of the key topics covered in this exam include the configuration of accounting rules, the creation of accounting mappings, the management of accounting periods, and the integration of data sources. The exam also covers key concepts related to financial reporting, compliance, and security.

Upon passing the Oracle 1z0-1060-22 exam, candidates will earn the Oracle Accounting Hub Cloud 2022 Implementation Professional certification. This certification demonstrates the candidate's expertise in implementing and managing Oracle Accounting Hub Cloud 2022 solutions, making them a valuable asset to their organization and enhancing their career prospects in the financial applications space.

Earning the Oracle 1z0-1060-22 certification demonstrates that you have the knowledge and skills required to implement Oracle Accounting Hub Cloud 2022. This certification can help you differentiate yourself in the job market and advance your career as a financial management professional. It is also a valuable credential for organizations that are looking to implement Oracle Accounting Hub Cloud 2022 and need certified professionals to lead the project.

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Oracle Accounting Hub Cloud 2022 Implementation Professional Sample Questions (Q24-Q29):

NEW QUESTION # 24
What are the tables or views from which the CreateAccounting process takes source data that is used in accounting rules to create journal entries referred to as?

A. Event entitiesB. Mapping setsC. Source objectsD. Transaction objects

Answer: A

NEW QUESTION # 25
What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?

A. transfer Balances to FAH Reporting Cloud ServiceB. synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud ServiceC. provide real-time visibility to financial reports inFAH Reporting Cloud ServiceD. upload transaction data into FAH Reporting Cloud Service

Answer: D

NEW QUESTION # 26
What is the key attribute that is used to query journal entries of a registered source system?

A. Ledger NameB. Transaction DateC. Accounting DateD. Journal Source

Answer: D

NEW QUESTION # 27
'Insurances for Homes' company provide home insurance service. They have in house built system that processes home insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, be able to report and view the entries using an advanced reporting and analytical tools for slicing and dicing the Journal entries.
Insurance premium is to be recognized as income across the-coverage period of the insurance policy. How do you link the two journal lines in the recurring journal entries cases, so that these two journal lines are identified by the accounting process to create recurring Journal entries?

A. Accounting classB. Recurring Journal classC. Multiperiod classD. Recognition Journal class

Answer: C

NEW QUESTION # 28
'Insurances for Homes' company provide home insurance service. They have in-house built system that processes home insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, be able to report and view the entries using an advanced reporting and analytical tools for slicing and dicing the journal entries.
Insurance premium Is to be recognized as income across the coverage period of the insurance policy. What are the two types of journal lines that need to be set up to generate recurring journal entries for insurance premium in each accounting period?

A. Multiperiod and RecognitionB. Reversal and RecognitionC. Deferral and RecognitionD. Offsets and Recognition

Answer: C

NEW QUESTION # 29
......

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