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Oracle Updated 1z0-1060-22 Exam Questions and Answers by eyad

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Oracle 1z0-1060-22 Exam Overview :

Exam Name: Oracle Accounting Hub Cloud 2022 Implementation Professional
Exam Code: 1z0-1060-22 Dumps
Vendor: Oracle Certification: Oracle Financials Cloud
Questions: 87 Q&A's Shared By: eyad
Question 12

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

Options:

A.

Chart of account and calendar.

B.

Chart of account and currency.

C.

Calendar and currency.

D.

Chart of account and convention.

Discussion
Question 13

Given the business 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 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 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 wil the typical transaction information be at the header level?

Options:

A.

LineType

B.

Currency

C.

Amount

D.

Customer Number

Discussion
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