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Oracle 1z0-1060-24 Exam Syllabus Topics:

Topic	Details
Topic 1	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 2	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 3	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.
Topic 4	Automating Transaction Data with Web Service: This section measures the skills of Data Analysts in automating transaction data loading from spreadsheets or other sources while managing exceptions. It covers techniques for improving data entry efficiency.
Topic 5	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 6	Registering Source System and PaaS (ICS) Integration: This section focuses on Integration Specialists and covers managing transaction information, line information worksheets, and integrating source systems with PaaS (ICS). It emphasizes the importance of seamless data integration for accurate financial reporting. A significant skill assessed is managing integration processes effectively.
Topic 7	Configuring Accounting Rules: This section targets Accounting Managers and focuses on managing various accounting rules such as intercompany journal lines, multiperiod journal entries, and accrual reversals. It emphasizes the importance of accurate rule configuration for financial accuracy. A critical skill assessed is configuring accounting rules effectively.
Topic 8	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.

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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q17-Q22):

NEW QUESTION # 17
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. Smart View
B. Account Groups and Sunburst
C. Financial Reporting Studio
D. Oracle Transactional Business Intelligence

Answer: B

NEW QUESTION # 18
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 Financial Reporting Center
B. Drill to Account Inspector
C. Drill to Detail Balances
D. Drill to Account Group

Answer: A,C

NEW QUESTION # 19
Which duty role is required to authorize access to the import accounting transactions process?

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

Answer: A

NEW QUESTION # 20
Where do you define the currency conversion type to be used in converting accounted amount for reporting currency ledger?

A. Manage Subledger Accounting Options
B. Manage Accounting Attribute Assignments
C. Manage Reporting Currencies
D. Specify Ledger Options

Answer: C

NEW QUESTION # 21
Your client deals in Banking, Insurance, and Stock Trading. They have separate transaction systems to process their transactions. You have been appointed as a consultant to implement Accounting Hub Cloud to streamline and standardize the accounting process for each of the source systems.
The client wants to generate the following accounting entries:
Banking-related transactions on a daily basis
Stock trading transactions on alternate days
Insurance transactions on a weekly basis
Considering the nature of business, frequency of generating accounting entries, and the load on the system, how many source systems would you suggest?

A. Three
B. Two
C. One
D. Four

Answer: A

NEW QUESTION # 22
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