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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: May 23, 2024
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Question 1

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?


Answer: A
Question 2

The Unified Migration option helps move functional setup data from one instance to another. Which TWO statements are true about Unified Migration?


Answer: B,C
Question 3

Which statement is true about journal entry rule sets? 


Answer: C
Question 4

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? 


Answer: A
Question 5

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?


Answer: C
Page:    1 / 16      
Total 80 Questions | Updated On: May 23, 2024
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