Free 1D0-1060-24-D Exam Questions - Easiest Way for Success

Prepare for the Oracle 1D0-1060-24-D exam questions with our authentic preparation materials, including free 1D0-1060-24-D practice exam questions and answers. TheExamsLab provides all the support you need to succeed in the Oracle Accounting Hub Cloud 2024 Implementation Professional - Delta 1D0-1060-24-D exam. This dedication to student success is why we have the most satisfied 1D0-1060-24-D certification exam candidates worldwide.

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Total 90 Questions | Updated On: Sep 14, 2024

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Question 1

After supporting references balances setup component is tagged to subledger journal entries, what type of reports need to be created so that the information is available to users?

A : an Oracle Financial Reporting Studio report

B : a predefined Oracle Business Intelligence Publisher report

C : an Oracle Transactional Business Intelligence analysis

D : a Smart View Report

Answer: C

Question 2

While creating a journal entry rule set you are NOT able to use an account rule that was createdrecently.

Which two reasons can explain this?

A : The account rule is using sources that have not been assigned to the same event class that is associated to the journal entry rule set.

B : The account rule is defined with conditions that are not allowing the assignment.

C : The account rule does not return any valid account value.

D : The account rule is defined with a different chart of accounts from the journal entry rule set.

Answer: A,D

Question 3

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?

A : Journal Entry

B : Journal Entry Rule Set

C : Event Class

D : Journal Line Rule

E : Event Type

Answer: D

Question 4

Which two statements are true about the Accounting Hub Cloud?

A : It brings together disparate accounting systems into a centrally-accessible source of truth

B : Integration of information into the Accounting Hub Cloud is restricted to a maximum of three source systems

C : It has a robust Accounting Engine which allows you to configure accounting rules

D : It does not allow publishing output files to PeopleSoft General Ledgers

Answer: A,C

Question 5

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 sourcecode 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 calculate discounts for use in the accounting rule?

A : Use flexfield

B : Usecustom formulas

C : Use mapping set rules

D : Use analytical calculations

Answer: B

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Total 90 Questions | Updated On: Sep 14, 2024

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