Online Access Free 1z0-1060-22 Practice Test

Where do you define the currency conversion type to be used in converting accountedamount for reporting currency ledger?

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

What is the recommended approach for a use case in which some parts of the transaction data must be processed before uploading them to Accounting Hub Cloud?

• A.Use a web service tool.
• B.Use Oracle ERP Integration tool.
• C.Use PaaS tools, for example, ICS - to perform ETL tasks.
• D.Use Oracle OTBI tool.

Which role combines the functional privilege for an individual task or duty with the relevant data security policies?

• A.Data Role
• B.Abstract Roles
• C.Aggregate Privilege
• D.Duty Role

Given the business requirement in the use case:
'New Trucks' runs a fleet of trucks in a rental business In the U.S. The majority of the trucks are owned; however, in some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal sourcecode is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company 'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee,total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
What are the key transaction types mentioned in the use case?

• A.Purchase Trucks and Deploy Trucks
• B.Pay Insurance and Control Truck Services
• C.Initiate Truck Rentals Contract and Pay Truck Maintenance
• D.Purchase Trucks and Pay Out Trucks

Based on a unique combination of which two components is a new standard Balance cube automatically created for a primary or secondary ledger?

• A.Chart of account and currency.
• B.Calendar and currency.
• C.Chart of account and calendar.
• D.Chart of account and convention.