Online Access Free 1z0-1060-24 Practice Test

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

Your client has a requirement to report directly from transactional tables and return the results in real-time, thus eliminating the need for a data warehouse.
Which tool would you suggest to your client to achieve this?

• A.Financial Reporting Studio
• B.Smart View
• C.Oracle Transactional Business Intelligence
• D.Account Group

Which two conditions must be met for automatic data provisioning to work?

• A.At least one of the user's assignments matches all data-mapping conditions in a data provisioning rule.
• B.At least one role is automatically provisioned to the user using role provisioning rules.
• C.The data provisioning rule has at least one job, one position, and one inventory organization assigned to it.

You are tasked with troubleshooting a Create Accounting error.
What is the first step you need to take to use the Diagnostics Framework features?

• A.Set the "SLA: Enable Diagnostic" profile option
• B.Submit the Accounting Event Diagnostics process
• C.Run the Accounting Events Diagnostic report
• D.Run Create Accounting again to generate journal entries for the events that ended in error

You are implementing Accounting Hub Cloud for one of your clients. Your client has agreed to have six segments for the chart of accounts: Company, Line of Business, Account, Department, Product, and Intercompany.
For one of the journal line rules, your client requests you to assign a common account rule for Company, Line of Business, Account, and Intercompany. However, for Department and Product, they want to use segment-specific rules.
How will you achieve this while setting up the journal entry rule set?

• A.Assign Common Account Rule to all the segments and create overriding rules for the Department and Product segment while assigning the accounting method to the ledger
• B.Assign Common Account Rule in the Account Combination rule field and assign Department and Product segment rules in the segment rules section
• C.Assign Common Account Rule to all the segments and create overriding rules for the Department and Product segment while creating the accounting method
• D.Assign Common Account Rule to all the segments and create overriding rules for the Department and Product segment while creating the supporting references