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Oracle 1z0-1060-24 Exam Syllabus Topics:

Topic	Details
Topic 1	Describing Functional Setup Manager: This section targets Functional Analysts and explains the components of Functional Setup Manager used in configuring applications. It emphasizes understanding how to manage setups effectively within an organization. A critical skill assessed is explaining setup processes clearly.
Topic 2	Updating Registered Source System: This section measures the skills of Systems Administrators in updating accounting attribute assignments, sources, and event types within registered source systems. It includes ensuring that all updates align with organizational standards. A key skill measured is maintaining accurate system configurations.
Topic 3	Analyzing and Creating Financial Reporting Structures and Ledgers: This section measures the skills of Financial Controllers in analyzing configuration requirements for legal entities, financial reporting structures, and ledgers. It includes understanding how to set up these structures to meet organizational needs. A key skill measured is designing effective financial reporting frameworks.
Topic 4	Describing Security: This section measures the skills of Security Administrators in explaining users and role-based access control within financial systems. It covers the security console's functionality to manage user permissions effectively. A key skill measured is implementing robust security measures for system access control.
Topic 5	Accessing Accounting, Reporting, Audit, and Reconciliation Requirements: This section targets Accounting Professionals and analyzes the requirements for accounting, reporting, auditing, and reconciliation related to transaction types. It emphasizes understanding compliance and accuracy in financial reporting. A critical skill assessed is evaluating audit and reconciliation needs thoroughly.
Topic 6	Adjusting Journal Entries: This section measures the skills of Accountants in creating sub-ledger journals that include overrides and adjustments as necessary. It covers techniques for ensuring journal entries reflect true financial positions. A key skill measured is accurately adjusting journal entries to maintain integrity.
Topic 7	Analyzing Transaction Type Lifecycle: This section measures the skills of Financial Analysts and focuses on analyzing and identifying the transaction lifecycle within source systems. It covers the stages from transaction initiation to completion, ensuring all aspects of the lifecycle are understood. A key skill measured is effectively mapping the transaction lifecycle.

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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q36-Q41):

NEW QUESTION # 36
Your client has implemented the Accounting Hub Cloud solution. They import their transaction data from the source system on a daily basis, and while doing so, some transactions are not being accounted properly. They want these invalid transactions purged and the correct transactions re-imported.
Which job would you submit to purge the invalid transactions?

A. Purge Invalid and Unaccounted Accounting Hub Transactions Job
B. Import Accounting Transactions Job with Purge Invalid Transaction parameter set to "Yes"
C. Set Accounting Hub Maintenance Job with Mode set to Purge Invalid or Unaccounted Transactions
D. Purge Accounting Hub Transactions Job

Answer: C

NEW QUESTION # 37
You have recently created an analysis to review periodic revenue amounts using Smart View. Your customer wants to use the drill-through option to get more details about the balances appearing in the analysis.
Which two drill-through options are available for use?

A. Drill to Account Group
B. Drill to Detail Balances
C. Drill to Account Inspector
D. Drill to Financial Reporting Center

Answer: B,D

NEW QUESTION # 38
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?

A. Select the value for a Lookup Code
B. Select the value for a Feature
C. Select the value for a Scope
D. Select the value for a Functional Area.

Answer: C

NEW QUESTION # 39
Which duty role is required to authorize access to the import accounting transactions process?

A. Accounting Hub Create and Post Journal Entry duty role
B. Accounting Hub Import duty role
C. Accounting Hub Create Accounting duty role
D. Accounting Hub Integration duty role

Answer: D

NEW QUESTION # 40
A manual subledger journal did not reverse. What could be the reason for this?

A. The next accounting period was future-enterable
B. The next accounting period was open
C. The Create Accrual Reversal Accounting process had run and completed with no errors
D. The Reverse Accrual On field was left null

Answer: D

NEW QUESTION # 41
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