Most Recent Oracle 1Z0-1060-24 Exam Dumps

Prepare for the Oracle Accounting Hub Cloud 2024 Implementation Professional exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the Oracle 1Z0-1060-24 exam and achieve success.

The questions for 1Z0-1060-24 were last updated on Mar 28, 2025.

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Question No. 1

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

AAt least one of the user's assignments matches all data-mapping conditions in a data provisioning rule.

BAt least one role is automatically provisioned to the user using role provisioning rules.

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

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Correct Answer: A, B

Question No. 2

Your client has operations in both the US and the UK. They currently use a third-party billing system to process transactions, such as Complete an Invoice, Record a Payment, Record Late Charges, and Recognize Revenue. You are part of the implementation team for the Accounting Hub solution. Your client wants to retrieve chart of accounts values for the line of business segment based on customer classification.

You decide to use the mapping sets functionality to fulfill this requirement.

Which THREE statements are true about using mapping sets?

AMapping sets are unique to each sub-ledger application, in order to know which input sources to make available.

BThe mappings can be entered only by using the user interface

CYou can define a default output value to use when actual input values do not match the mappings

DOne mapping set can be used for only one account rule at a time

EYou can use up to 10 transaction or reference attributes as input in a mapping

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Correct Answer: A, C, E

Question No. 3

You are implementing the Oracle Fusion Cloud Financial Accounting Hub (FAH) service for three legacy Receivables systems. As part of your FAH implementation project, the customer requests that general ledger journals be summarized to keep a thin general ledger as billing in the three source systems is per delivery.

Which two options can be used in FAH to create the requested general ledger journals?

ASummarize by journal category

BGroup by general ledger period

CSummarize by general ledger period

DGroup by general ledger date

ESummarize by general ledger date

FSummarize by journal source

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Correct Answer: C, E

Question No. 4

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?

AWhen accounting is transferred outside of Fusion General Ledger

BWhen online accounting is submitted from the transaction pages

CWhen the Create Accounting process is submitted in Final and Post modes

DWhen the Multiperiod Accounting process is submitted

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Correct Answer: B, C, D

Question No. 5

You are explaining to an accountant that account override is an adjustment feature of subledger accounting.

Which two traits can help you explain this?

AIt enables users to record a reason for the adjustment

BIt provides an audit trail by preserving the original subledger journal entry

CIt is intended to correct only the subledger journals that have been posted

DIt adjusts the original source transaction

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Correct Answer: A, B

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