Free Practice Oracle 1Z0-1060-24 Exam Questions 2025

Stay ahead with 100% Free Oracle Accounting Hub Cloud 2024 Implementation Professional 1Z0-1060-24 Dumps Practice Questions

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Total 80 Questions | Updated On: Mar 28, 2025

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Question 1

Your client, a banking organization, is currently using different transaction systems to take care of various 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. Now the customer has asked you to add another transaction type called Loan Interest Accrual Reversal. What should be your response to the customer?

A : The source system should be registered again by including the Loan Interest Accrual Reversal event type.

B : A new transaction type cannot be added after the source system is registered.

C : Loan Interest Accrual Reversal can be added as a new event type from the user interface.

D : Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template.

Answer: C

Question 2

Which two conditions must be met for automatic data provisioning to work?

A : At least one of the user’s assignments matches all data-mapping conditions in a data provisioning rule.

B : At least one role is automatically provisioned to the user using role provisioning rules.

C : The data provisioning rule has at least one job, one position, and one inventory organization assigned to it.

Answer: A,B

Question 3

Which two conditions must be met for automatic data provisioning to work?

A : At least one of the user’s assignments matches all data-mapping conditions in a data provisioning rule.

B : At least one role is automatically provisioned to the user using role provisioning rules.

C : The data provisioning rule has at least one job, one position, and one inventory organization assigned to it.

Answer: A,B

Question 4

Which two conditions must be met for automatic data provisioning to work?

A : At least one of the user’s assignments matches all data-mapping conditions in a data provisioning rule.

B : At least one role is automatically provisioned to the user using role provisioning rules.

C : The data provisioning rule has at least one job, one position, and one inventory organization assigned to it.

Answer: A,B

Question 5

You are implementing Accounting Hub Cloud for one of your clients. Your client has agreed to have six segments for the chart of accounts: Company, Line of Business, Account, Department, Product, and Intercompany. For one of the journal line rules, your client requests you to assign a common account rule for Company, Line of Business, Account, and Intercompany. However, for Department and Product, they want to use segmentspecific rules. How will you achieve this while setting up the journal entry rule set?

A : Assign Common Account Rule in the Account Combination rule field and assign Department and Product segment rules in the segment rules section

B : Assign Common Account Rule to all the segments and create overriding rules for the Department and Product segment while creating the accounting method

C : Assign Common Account Rule to all the segments and create overriding rules for the Department and Product segment while creating the supporting references

D : Assign Common Account Rule to all the segments and create overriding rules for the Department and Product segment while assigning the accounting method to the ledger

Answer: A

Page: 1 / 16

Total 80 Questions | Updated On: Mar 28, 2025

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