Jun-2026 Realistic 1z0-1060-25 Exam Dumps with Accurate & Updated Questions
1z0-1060-25 Exam Dumps - PDF Questions and Testing Engine
NEW QUESTION # 17
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. Journal sources
- B. Event classes
- C. Event types
- D. Source systems
Answer: C
NEW QUESTION # 18
You are implementing Accounting Hub for one of your client organizations in the US. The organization has two legal entities, loans and insurance. Both the legal entities have agreed to share the same chart of accounts and convention. However, the loans legal entity will use the January to December calendar, while the insurance legal entity will use the July to June calendar.
How many primary ledgers will you create to achieve this requirement?
- A. Two
- B. Three
- C. Four
- D. One
Answer: A
NEW QUESTION # 19
You recently created an analysis to review the periodic revenue amounts using Smart View. Your customer wants to use the drill-through option to get more details about the balances appearing in the analysis.
Which TWO drill-through options would meet the requirement?
- A. Drill to Detail Balances
- B. Drill to Financial Reporting Center
- C. Drill to Account Group
- D. Drill to Account Inspector
Answer: A,D
NEW QUESTION # 20
Your client, a banking organization, is currently using different transaction systems for different types of loans including vehicle loans, personal loans, education loans, and housing loans. You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge off as event types.
The customer now asks you to add another transaction type called Loan Interest Accrual Reversal.
What should be your response to the customer?
- A. Loan Interest Accrual Reversal can be added as a new event type from the user interface
- B. The source system should be registered again by including the Loan Interest Accrual Reversal event type
- C. Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template
- D. A new transaction type cannot be added after the source system is registered
Answer: A
NEW QUESTION # 21
Apart from a mapping set-based account rule, which is the other way to retrieve segment values for journal entries?
- A. Define a lookup type rule with conditions
- B. Define a chart of accounts rule with conditions
- C. Define a flexfield rule with conditions
- D. Define an account rule with conditions
Answer: D
NEW QUESTION # 22
Oracle Transactional Business Intelligence enables developers and end users to create meaningful analyses and reports by eliminating the need for SQL skills.
Which THREE tools can be used by developers and end users, while working with Oracle Transactional Business Intelligence?
- A. BI Answers
- B. BI Composer
- C. BI Mobile App Designer
- D. BI Publisher
- E. BI Drive
Answer: A,B,C
NEW QUESTION # 23
Your client, a banking organization, has operations in the USA, the UK, France, Japan, and Singapore. As an implementation consultant, you ask the project team to maintain a global chart of accounts. However, the management team in the UK does not agree to allow the generation of dynamic code combinations for the chart of accounts values.
What solution would you propose to address this scenario?
- A. Define one chart of accounts structure and enable dynamic inserts for the USA, France, Japan, and Singapore at the ledger options level, but disable it for the UK ledger
- B. Define two chart of accounts structure instances. Enable dynamic inserts for the first structure instance and disable it for the second one. Assign the first chart of accounts structure instance to the USA, France, Japan, and Singapore ledgers and the second chart of accounts structure instance to the UK ledger.
- C. Define one chart of accounts structure and disable dynamic inserts for the UK ledger by using the
"Allow Dynamic Inserts" profile option - D. Define two charts of accounts structures. Enable dynamic inserts for the first structure and disable it for the second one. Assign the first structure to the USA, France, Japan, and Singapore ledgers and the second structure to the UK ledger.
Answer: C
NEW QUESTION # 24
Your client provides loans to its customers. You are appointed as a consultant to implement Accounting Hub Cloud and standardize the accounting process. Your client needs to retrieve the segment values for the debit and credit side of journal entries based on different criteria. You decide to set up three account rules to achieve this requirement.
Which THREE rule types are available for building account rules?
- A. Value set
- B. Lookup type
- C. Segment
- D. Account combination
- E. Mapping set
Answer: C,D,E
NEW QUESTION # 25
Which transaction source is used to link transaction header and line information?
- A. Transaction Key
- B. Transaction Number
- C. Transaction Date
- D. Transaction Type
Answer: B
NEW QUESTION # 26
Which TWO options can you use for reconciling subledger journal entries with the source system?
- A. Submit the Subledger Accounting Diagnostics report
- B. Submit the Subledger Accounting Diagnostics report
- C. Submit Period Close Exception Report
- D. Tag supporting references with Journal Line Rules
Answer: B,C
NEW QUESTION # 27
Which statement is true about journal entry rule sets?
- A. Description rules can be assigned at both the header and the line level of a journal entry rule set
- B. Description rules can be assigned only at the header level of a journal entry rule set
- C. Description rules must carry the same chart of accounts that is attached to the journal entry rule set
- D. Description rules can be assigned only at the header level of a journal entry rule set
Answer: A
NEW QUESTION # 28
Challenge 3: Manage User Define Formulas
TASK
Create User Defined Formula for Admin Charges
Subledger Application: AHC Billing
Process Category: AHC Billing
Event Class: AHC Billing
Event Type: Customer Billing, Customer Pay In, Customer Refund, Customer Settlement
Answer:
Explanation:
See the Explanation below for all the solution.
Explanation:
Step-by-Step Guide to Create a User Defined Formula for Admin Charges in Oracle Fusion Step 1: Navigate to Manage User Defined Formulas
* Log into Oracle Fusion with privileges to configure Subledger Accounting.
* Go toSetup and Maintenance.
* In theFunctional Setup Manager (FSM), navigate to:
* Financials
* Subledger Accounting
* Manage User Defined Formulas.
Step 2: Create a New User Defined Formula
* ClickCreateto define a new formula.
* Enter the following details:
* Name: Admin Charges Formula
* Subledger Application: AHC Billing
* Process Category: AHC Billing
* Event Class: AHC Billing
* Event Type: Customer Billing, Customer Pay In, Customer Refund, Customer Settlement
* Data Type:Number
* Description: Formula to calculate admin charges for billing events.
* ClickSave, then proceed to define the logic.
Step 3: Define the Formula Logic
Example Formula for Admin Charges:
AssumeAdmin Chargesare calculated as5% of Transaction Amount, with aminimum charge of $10.
* Enter the formula using Oracle's formula syntax:
CASE
WHEN {Transaction Amount} * 0.05 >= 10 THEN {Transaction Amount} * 0.05 ELSE 10 END
* ClickValidateto check for errors.
Step 4: Assign the Formula to the Required Accounting Rules
* Navigate toManage Account Rules.
* Find theAdmin Charges Account Rule(or create one if needed).
* In theCondition Definition, selectUser Defined Formulaas the Source.
* ChooseAdmin Charges Formulaas the value.
* ClickSave and Close.
Step 5: Validate and Deploy the Formula
* ClickValidateto ensure correctness.
* Deploy the formula by submitting the changes.
* Attach the formula to relevantJournal Entry Rule Sets(if applicable).
Step 6: Test the User Defined Formula
* Navigate toSubledger Accounting > Accounting Entries.
* Generate accounting for different test transactions:
* Example 1: IfTransaction Amount = $500, Admin Charges =$25(5% of 500).
* Example 2: IfTransaction Amount = $100, Admin Charges =$10(since 5% of 100 = $5, but the minimum is $10).
* Verify that theAdmin Chargesare correctly derived in accounting entries.
NEW QUESTION # 29
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. Account Group
- B. Financial Reporting Studio
- C. Oracle Transactional Business Intelligence
- D. Smart View
Answer: C
NEW QUESTION # 30
Which three duty roles are required to perform Accounting Hub setup tasks?
- A. Accounting Hub Administration
- B. Accounting Hub Integration
- C. Subledger Accounting Manager
- D. Accounting Hub Maintenance
- E. Application Implementation Consultant
Answer: B,C,E
NEW QUESTION # 31
What is NOT included in the minimum required accounting attribute assignments?
- A. Distribution Type
- B. Accounting Date
- C. First Distribution Identifier
- D. Second Distribution Identifier
Answer: D
NEW QUESTION # 32
Your client has a requirement to report directly from the transactional tables and return the results in real- time, in turn eliminating the need for a data warehouse.
Which tool would you suggest to your client for this purpose?
- A. Account Group
- B. Financial Reporting Studio
- C. Oracle Transactional Business Intelligence
- D. Smart View
Answer: C
NEW QUESTION # 33
A banking organization is currently using different transaction systems for various types of loans, including vehicle loans, personal loans, education loans, and housing loans. You have been appointed as a consultant to implement Accounting Hub Cloud.
Which THREE points should you remember while registering the source system for the organization?
- A. Use separate subledgers to ensure less data processing in each run
- B. Use separate subledgers to provide more security across applications
- C. A transaction type and its associated transaction data typically relate to a single document of transaction
- D. Summarized Transaction type information cannot be sent for accounting transformation
- E. Use separate subledgers to share sub-ledger accounting rules
Answer: A,B,C
NEW QUESTION # 34
In Functional Setup Manager, if setup data is segmented by a specific context, you can perform the setup task iteratively, such as assigning different ledger options to different primary ledgers.
Which action should you take to specify the context?
- A. Select the value for Lookup Code
- B. Select the value for Functional Area
- C. Select the value for Feature
- D. Select the value for Scope
Answer: D
NEW QUESTION # 35
Which TWO privileges are recommended while enabling Audit History on several key business objects?
- A. View Audit History
- B. Manage Audit Policies
- C. Audit Assignment Grade
- D. Manage Application Objects
Answer: A,B
NEW QUESTION # 36
Your new Oracle Fusion Cloud customer has a reporting requirement to balance general ledger journals not only between companies (primary balancing segments and Legal Entities) but also within divisions. The proposed chart of account structure has the following nine segments:
Company-Division-Department-Account-Subaccount-Product-Intercompany-Future1-Future2 Which segment label should be selected on Division to achieve the reporting requirement?
- A. Cost Center segment
- B. Local Use segment
- C. Second Balancing segment
- D. Management segment
- E. Intercompany segment
Answer: C
NEW QUESTION # 37
Your customer wants to enter subledger journals in adjusting periods using the ADFDi spreadsheets.
Which TWO statements are true about entering journals in adjusting periods?
- A. Defaulted Period cannot be overwritten
- B. If the accounting date falls in both the non-adjustment and adjustment periods, the value of the accounting period in the Journal Entry page defaults to the non-adjustment period
- C. If the accounting date falls in both the non-adjustment and adjustment periods, the value of the accounting period in the Journal Entry page defaults to the adjustment period
- D. Defaulted Period can be overwritten
Answer: B,D
NEW QUESTION # 38
......
Pass Oracle 1z0-1060-25 Exam Quickly With Prep4pass: https://passguide.prep4pass.com/1z0-1060-25_exam-braindumps.html
