Free 1z0-1060-25 Practice Exams | 1z0-1060-25 Trusted Exam Resource
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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions (Q21-Q26):
NEW QUESTION # 21
Your client has operations in both the US and the UK. They currently use a third-party billing system to process transactions, such as Complete an Invoice, Record a Payment, Record Late Charges, and Recognize Revenue. You are part of the implementation team for the Accounting Hub solution. Your client wants to retrieve chart of accounts values for the line of business segment based on customer classification.
You decide to use the mapping sets functionality to fulfill this requirement.
Which THREE statements are true about using mapping sets?
- A. One mapping set can be used for only one account rule at a time
- B. You can use up to 10 transaction or reference attributes as input in a mapping
- C. You can define a default output value to use when actual input values do not match the mappings
- D. Mapping sets are unique to each sub-ledger application, in order to know which input sources to make available.
- E. The mappings can be entered only by using the user interface
Answer: B,C,D
NEW QUESTION # 22
Your client has implemented the Accounting Hub Cloud solution. They import their transaction data from the source system on a daily basis, and while doing so, some transactions are not being accounted properly. They want these invalid transactions purged and the correct transactions re-imported.
Which job would you submit to purge the invalid transactions?
- A. Import Accounting Transactions Job with Purge Invalid Transaction parameter set to "Yes"
- B. Purge Invalid and Unaccounted Accounting Hub Transactions Job
- C. Purge Accounting Hub Transactions Job
- D. Set Accounting Hub Maintenance Job with Mode set to Purge Invalid or Unaccounted Transactions
Answer: D
NEW QUESTION # 23
Your company is part of the financial services industry and manages various types of transactions, such as Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep, in their source system. While analyzing the source transaction system, you are asked to propose an event model based on the activities performed by the company.
Based on your analysis, what should the Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep transactions be defined as while registering the source system?
- A. Source systems
- B. Event classes
- C. Event types
- D. Journal sources
Answer: C
NEW QUESTION # 24
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. Submit the Accounting Event Diagnostics process
- B. Run Create Accounting again to generate journal entries for the events that ended in error
- C. Set the "SLA: Enable Diagnostic" profile option
- D. Run the Accounting Events Diagnostic report
Answer: C
NEW QUESTION # 25
Your client organization deals in providing loans to its customers. You are appointed as a consultant to implement Oracle Fusion Cloud Accounting Hub to standardize the accounting process. Your client has a requirement to retrieve the segment values for the debit and credit side of journal entries based on different criteria. You decide to create a mapping set to retrieve the value of the cost center segment based on loan type as the input source. Your client wants the values to be validated from a list while creating the input and output mappings.
Which two options allow the validation of input values on mapping sets?
- A. Segment values
- B. Chart of accounts segment
- C. Value sets
- D. Lookup types
Answer: C,D
NEW QUESTION # 26
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