Free Oracle 1z0-1060-25 Exam Dumps Questions & Answers

The cloud client wants to drive an efficient transfer of accounting entries between Subledger Accounting and their General Ledgers. Hence, they are skipping the Post Subledger Journal Entries and Journal Import processes.
Under what three conditions are the improvements to transfer of Subledger Accounting entries to General Ledger enhancement ignored?

• A.  When online accounting is submitted from the transaction pages
• B.  When the Multiperiod Accounting process is submitted
• C.  When accounting is transferred outside of Fusion General Ledger
• D.  When the Create Accounting process is submitted in Final and Post modes

Which three duty roles are required to perform Accounting Hub setup tasks?

• A.  Accounting Hub Maintenance
• B.  Application Implementation Consultant
• C.  Accounting Hub Administration
• D.  Subledger Accounting Manager
• E.  Accounting Hub Integration

The Insurance for Homes company provides home insurance services in the USA, the UK, France, and Italy.
It is headquartered in the USA. The entities in the UK, France, and Italy are subsidiaries of the USA entity.
The company decides to configure four primary ledgers, one each for the USA, the UK, France, and Italy. It also plans to configure three secondary ledgers under the UK, France, and Italy primary ledgers.
Which TWO statements are true about setting up secondary ledgers?

• A.  A chart of accounts mapping is always required between the chart of accounts of the primary ledger and the secondary ledger
• B.  A chart of accounts mapping is only required if a secondary ledger has a different chart of accounts than its primary ledger
• C.  Conversion levels available for a secondary ledger are Balance, Journal, and Subledger only
• D.  Conversion levels available for a secondary ledger are Balance, Journal, Adjustment only, andSubledger

Your customer wants to monitor the balances of their key General Ledger (GL) accounts on a regular basis and asks your advice on the best reporting option.
Which reporting tool would you suggest?

• A.  Oracle Transactional Business Intelligence
• B.  Financial Reporting Studio
• C.  Smart View
• D.  Account Groups and Sunburst

Which TWO options can you use for reconciling subledger journal entries with the source system?

• A.  Tag supporting references with Journal Line Rules
• B.  Submit the Subledger Accounting Diagnostics report
• C.  Submit the Subledger Accounting Diagnostics report
• D.  Submit Period Close Exception Report