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Oracle 1z0-1060-24 Exam Syllabus Topics:

Topic	Details
Topic 1	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 2	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 3	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 4	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 5	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 6	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 7	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 8	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 9	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.

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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q26-Q31):

NEW QUESTION # 26
Which duty role is required to authorize access to the import accounting transactions process?

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

Answer: B

NEW QUESTION # 27
To create journal entries, the Create Accounting process takes source data used in accounting rules from tables or views.
What are the tables or views called?

A. Source objects
B. Event entities
C. Mapping sets
D. Transaction objects

Answer: D

NEW QUESTION # 28
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?

A. Summarize by journal source
B. Summarize by general ledger date
C. Summarize by general ledger period
D. Group by general ledger date
E. Summarize by journal category
F. Group by general ledger period

Answer: B,C

NEW QUESTION # 29
Your client decides to:
Configure a primary ledger for local statutory reporting requirements and a secondary ledger to manage alternative accounting requirements.
Use Financial Reporting Studio to manage the financial reports that leverage the cube connections.
They are seeking your advice to understand the cubes that the system creates to store the balances for these two ledgers.
Based on which unique combination of ledger components are the cube connections generated?

A. Chart of Account and Currency
B. Chart of Accounts and Calendar
C. Convention and Currency
D. Calendar and Currency
E. Chart of Account and Convention

Answer: B

NEW QUESTION # 30
You design an income statement report with the help of Financial Reporting Web Studio. You add row numbers 3, 4, and 5 to reflect the balances for three different expense accounts and row number 6 to reflect the sum of row numbers 3, 4, and 5.
Which formula should be used on row number 6 to calculate the sum?

A. ([3,5])
B. ({3:5})
C. ([3:5])
D. ([3;5])

Answer: C

NEW QUESTION # 31
......

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NEW 1Z0-1060-24 DUMPS COLLECTION 100% PASS | EFFICIENT RELIABLE 1Z0-1060-24 BRAINDUMPS SHEET: ORACLE ACCOUNTING HUB CLOUD 2024 IMPLEMENTATION PROFESSIONAL

New 1z0-1060-24 Dumps Collection 100% Pass | Efficient Reliable 1z0-1060-24 Braindumps Sheet: Oracle Accounting Hub Cloud 2024 Implementation Professional