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Oracle 1z0-1060-22 Exam With Confidence Using Practice Dumps

Exam Code:
1z0-1060-22
Exam Name:
Oracle Accounting Hub Cloud 2022 Implementation Professional
Vendor:
Questions:
87
Last Updated:
Dec 22, 2024
Exam Status:
Stable
Oracle 1z0-1060-22

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Oracle Accounting Hub Cloud 2022 Implementation Professional Questions and Answers

Question 1

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

Options:

A.

Specify Ledger Options

B.

Manage Accounting Attribute Assignments

C.

Manage Reporting Currencies

D.

Manage Subledger Accounting Options

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Question 2

To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?

Options:

A.

Conversiontype and conversion date

B.

Conversion type, conversion date and conversion rate

C.

Conversion date and conversion rate

D.

Conversion type

Question 3

Given the business use case:

'New Trucks' runs a fleetof 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 source code 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 andrecognized 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 tobe able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.

What would the typical line information be?

Options:

A.

Customer Number

B.

Truck Type

C.

Company

D.

TransactionDate