Oracle 1Z0-1060-21 test insides dumps : Oracle Accounting Hub Cloud 2021 Implementation Essentials

Oracle 1Z0-1060-21 test insides dumps
  • Exam Code: 1Z0-1060-21
  • Exam Name: Oracle Accounting Hub Cloud 2021 Implementation Essentials
  • Updated: May 31, 2026
  • Q & A: 62 Questions and Answers
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Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. You are explaining to an accountant that account override is an adjustment featureof Subledger Accounting.
Which two traits can help you explain this feature?

A) The account override feature provides an audit trail by preserving the original subledger journal entry.
B) The account override feature is only intended to correct subledger journals that have been posted.
C) The account override feature adjusts the original source transaction.
D) The account override feature allows users to record a reason for the adjustment.


2. What is NOT included in the minimum required accountingattribute assignments?

A) Distribution Type
B) Accounting Date
C) First Distribution Identifier
D) Second Distribution Identifier


3. Which four options are used to reconcile subledger journal entries?

A) Tag supporting references with journal entry lines.
B) Assign a descriptive text and source on journal lines.
C) Run the Subledger Accounting Diagnostics report.
D) Build a custom OTBIreport.
E) Run the Subledger Accounting Method Setups report.
F) Set up reconciliation using the reconciliation reference accounting attribute.


4. While creating a journal entry rule set you are NOT able to use an account rule that was createdrecently.
Which two reasons can explain this?

A) The account rule is using sources that have not been assigned to the same event class that is associated to the journal entry rule set.
B) The account rule is defined with conditions that are not allowing the assignment.
C) The account rule does not return any valid account value.
D) The account rule is defined with a different chart of accounts from the journal entry rule set.


5. A customer's business requirement demands a more granular view of transferred subledger journal entries in GL.
Which of the available General LedgerJournal Entry Summarization options meets this requirement?

A) Transfer in Details
B) Group by GL Date
C) Summarize by GL Period
D) Summarize by GL Date


Solutions:

Question # 1
Answer: A,D
Question # 2
Answer: D
Question # 3
Answer: A,B,D,F
Question # 4
Answer: A,D
Question # 5
Answer: B

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