Free Oracle 1Z0-1060-21 Exam Dumps Questions & Answers

You have been assigned to troubleshoot a Create Accounting error.
What is the first step you need to take to use the diagnostics framework features?

• A.  Submit the Accounting Event Diagnostics process.
• B.  Run Create Accounting again to generate journal entries for the events that ended in error.
• C.  Set the "SLA: Diagnostics Enabled" profile option.
• D.  Run the Accounting Events DiagnosticReport.

What attribute of a subledger journal entry is NOT transferred to GL?

• A.  Accounted amounts
• B.  Accounting class
• C.  Accounting lines
• D.  Supporting references

Given the business use case:
'Insurances for Homes' company provides home insurance services. They have an in-house built system that processes 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, the company need to be able to report and view the entries using advanced reporting and analytical tools for segmenting, viewing and understanding data in the journal entries.
The line information may contain more than one line for the same header.
When uploading transactions, which is a way to differentiate each Journalline?

• A.  Assign a custom formula.
• B.  Assign a line classification or line type attribute.
• C.  You do not need to do anything additional.
• D.  Assign an accounting attribute.

What is the duty role that needs to be assigned for authorizing accounting processing in Accounting Hub Cloud?

• A.  Accounting Hub Create Accounting Duty Role
• B.  Accounting Hub Import Duty Role
• C.  Accounting HubIntegration Duty Role
• D.  Accounting Hub Create and Post Journal Entry Duty Role

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 entities
• B.  Mapping sets
• C.  Transaction objects
• D.  Source objects