Oracle 1z0-1060-24 Latest Material & Clearer 1z0-1060-24 Explanation
Oracle 1z0-1060-24 Latest Material & Clearer 1z0-1060-24 Explanation
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>> Oracle 1z0-1060-24 Latest Material <<
Clearer 1z0-1060-24 Explanation - Official 1z0-1060-24 Study Guide
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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q30-Q35):
NEW QUESTION # 30
Where do you define the currency conversion type to be used in converting accounted amount for reporting currency ledger?
- A. Manage Reporting Currencies
- B. Specify Ledger Options
- C. Manage Subledger Accounting Options
- D. Manage Accounting Attribute Assignments
Answer: A
NEW QUESTION # 31
You are tasked with identifying the reason for a user from your client organization not being able to submit the job that imports the transaction data for accounting and posting in General Ledger.
You realize that a duty role needs to be associated with a job role for authorizing the access to import the accounting transactions process.
Which duty role would you suggest?
- A. Accounting Hub Import Duty Role
- B. Accounting Hub Integration Duty Role
- C. Accounting Hub Create Accounting Duty Role
- D. Accounting Hub Create and Post Journal Entry Duty Role
Answer: B
NEW QUESTION # 32
The company 'Insurance for Homes' provides home insurance services. It has an in-house system that processes home insurance payments received from customers. The end result of the process consists of a list of individual journal entries in a spreadsheet. The company wants to get all journal entries in a secure and auditable repository. Access will be limited to a select few staff members. Additionally, these staff members will need to be able to report and view the entries using an advanced reporting and analytical tool for slicing and dicing the journal entries.
Insurance premium is to be recognized as income across the coverage period of the insurance policy.
Which types of journal lines need to be set up to generate recurring journal entries for insurance premium in each accounting period?
- A. Deferral and Recognition
- B. Multiperiod and Recognition
- C. Reversal and Recognition
Answer: A
NEW QUESTION # 33
Your client, a banking organization, has operations in the USA, the UK, France, Japan, and Singapore. As an implementation consultant, you ask the project team to maintain a global chart of accounts. However, the management team in the UK does not agree to allow the generation of dynamic code combinations for the chart of accounts values.
What solution would you propose to address this scenario?
- A. Define one chart of accounts structure and enable dynamic inserts for the USA, France, Japan, and Singapore at the ledger options level, but disable it for the UK ledger
- B. Define two charts of accounts structures. Enable dynamic inserts for the first structure and disable it for the second one. Assign the first structure to the USA, France, Japan, and Singapore ledgers and the second structure to the UK ledger.
- C. Define one chart of accounts structure and disable dynamic inserts for the UK ledger by using the "Allow Dynamic Inserts" profile option
- D. Define two chart of accounts structure instances. Enable dynamic inserts for the first structure instance and disable it for the second one. Assign the first chart of accounts structure instance to the USA, France, Japan, and Singapore ledgers and the second chart of accounts structure instance to the UK ledger.
Answer: C
NEW QUESTION # 34
You are implementing Accounting Hub for one of your client organizations in the US. The organization has two legal entities, loans and insurance. Both the legal entities have agreed to share the same chart of accounts and convention. However, the loans legal entity will use the January to December calendar, while the insurance legal entity will use the July to June calendar.
How many primary ledgers will you create to achieve this requirement?
- A. Three
- B. One
- C. Two
- D. Four
Answer: C
NEW QUESTION # 35
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