Oracle Accounting Hub Cloud 2022 Implementation Professional - 1z0-1060-22 FREE EXAM DUMPS QUESTIONS & ANSWERS
Which tool will you use to review an account group in a graphical format from the Financial Reporting Center?
Correct Answer: C
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Given the subledger journal entry:
Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?
Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?
Correct Answer: A
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Which statement is true about accounting transformation?
Correct Answer: D
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Given the business use case:
'New Trucks' runs a fleet of trucks in a rental business In the U.S. Themajority 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.
How do you pass the calculated value for discount amounts in accounting rules to the corresponding journal line?
'New Trucks' runs a fleet of trucks in a rental business In the U.S. Themajority 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.
How do you pass the calculated value for discount amounts in accounting rules to the corresponding journal line?
Correct Answer: B
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Most of the accounting entries for transaction from the source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use the TAX_AMOUNT source.
At what level can you override the default accounting attribute assignment?
At what level can you override the default accounting attribute assignment?
Correct Answer: D
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Which two options allow validating input values on mapping sets?
Correct Answer: A,D
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Which duty role should be assigned to job role to import transaction data for accounting and posting in General Ledger?
Correct Answer: D
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Which tool enables developers to produce real-time information by creating analyses and reports by suing graphs, charts, and tables?
Correct Answer: D
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What automation option is NOT available when uploading transaction data to Accounting Hub Cloud?
Correct Answer: C
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