Quiz 2025 1z0-1060-24: Oracle Accounting Hub Cloud 2024 Implementation Professional Fantastic Test Dumps

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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q71-Q76):

NEW QUESTION # 71
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 their source transaction system, you are asked to propose an event model, based on the activities performed by the company.
According to 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. Event types
B. Event classes
C. Source systems
D. Journal sources

Answer: A

NEW QUESTION # 72
Your customer needs to generate journal entries for the insurance premium collected from the sale of policies. The different components of the premium collected by the company include Basic Premium and Tax.
While uploading the transaction details containing both Basic Premium and Tax amounts, which transaction source would you use to link the transaction header and line information?

A. Transaction Type
B. Document Sequence Number
C. Transaction Number
D. Document Key

Answer: C

NEW QUESTION # 73
Your client has operations in both the US and the UK, and they currently use a third-party billing system to process transactions like Complete an Invoice, Record a Payment, Record Late Charges, and Recognize Revenue. You are part of the implementation team of the Accounting Hub solution, and they request you to generate a dynamic description based on the following scenario:
"When Invoice Date is greater than or equal to 1st January 2018, concatenate Project Number and Invoice Number else concatenate Customer Name and Invoice Number." In which format would you enter the date in the user-defined formula to achieve this requirement?

A. DD-MON-YYYY
B. YYYY-MON-DD
C. DD-MON-YY
D. YY-MON-DD

Answer: B

NEW QUESTION # 74
You are trying to explain to an accountant that account override is an adjustment feature of Subledger Accounting.
Which TWO traits can help you further explain this feature?

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

Answer: B,C

NEW QUESTION # 75
Your client provides loans to its customers. You are appointed as a consultant to implement Accounting Hub Cloud to standardize the accounting process. Your customer wants 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 an 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. Lookup types
B. Value sets
C. Segment values
D. Chart of accounts segment

Answer: A,B

NEW QUESTION # 76
......

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Quiz 2025 1z0-1060-24: Oracle Accounting Hub Cloud 2024 Implementation Professional Fantastic Test Dumps

100% Pass Useful Oracle - 1z0-1060-24 - Test Oracle Accounting Hub Cloud 2024 Implementation Professional Dumps

Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q71-Q76):

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