Functional Features

Our 1Z0-1060-20 exam questions can meet your needs to the maximum extent, and our learning materials are designed to the greatest extent from the customer's point of view. So you don't have to worry about the operational complexity. As soon as you enter the learning interface of our system and start practicing our 1Z0-1060-20 learning materials on our Windows software, you will find small buttons on the interface. These buttons show answers, and you can choose to hide answers during your learning of our 1Z0-1060-20 exam quiz so as not to interfere with your learning process. You can click these buttons to proofread your answers after you finish your studies. If you want to record important content, we also provide enough space for you to take notes. In short, you will find the functionality and practicality of our 1Z0-1060-20 exam questions during the learning process. We will also continue to innovate and improve functionality to provide you with better services.

Choosing our 1Z0-1060-20 exam quiz will be a wise decision that you make, because this decision may have a great impact in your future development. Having the certificate may be something you have always dreamed of, because it can prove that you have certain strength. Our 1Z0-1060-20 exam questions can provide you with services with pretty quality and help you obtain a certificate. Our learning materials are made after many years of practical efforts and their quality can withstand the test of practice. Therefore, our 1Z0-1060-20 learning materials can help you get a great financial return in the future and you will have a good quality of life.

DOWNLOAD DEMO

Providing System Services

To ensure that you have a more comfortable experience before you choose to purchase our 1Z0-1060-20 exam quiz, we provide you with a trial experience service. Once you decide to purchase our learning materials, we will also provide you with all-day service. If you have any questions, you can contact our specialists. We will provide you with thoughtful service. Even if you unfortunately fail to pass the 1Z0-1060-20 exam, you will also receive our refund of our learning materials. With our trusted service, our learning materials will never make you disappointed.

Versions Can Meet Different Needs

There are different versions of our 1Z0-1060-20 learning materials. Whether you like to study on the computer or like to read paper materials, our learning materials can meet your needs. If you are used to reading paper study materials for most of the time, you can eliminate your concerns. Our 1Z0-1060-20 exam quiz takes full account of customers' needs in this area. Because our PDF version of the learning material is available for customers to print, so that your free time is fully utilized, and you can often consolidate your knowledge. Everything you do will help you pass the 1Z0-1060-20 exam and get your Oracle certificate. Of course, the APP and PC versions are also very popular. They can simulate the actual operation of the test environment, and users can perform mock tests for a limited time. And it has the practicality of correcting online error and other functions. The three versions of 1Z0-1060-20 exam questions all have the feature that they have no limit on the number of users, so you will not encounter the problem of not obtaining our learning materials.

Oracle 1Z0-1060-20 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

Question 1

'Insurances for Homes' company provide home insurance service. They have in-house built system that processes home insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, be able to report and view the entries using an advanced reporting and analytical tools for slicing and dicing the journal entries.
Insurance premium Is to be recognized as income across the coverage period of the insurance policy. What are the two types of journal lines that need to be set up to generate recurring journal entries for insurance premium in each accounting period?

A. Offsets and Recognition
B. Reversal and Recognition
C. Multiperiod and Recognition
D. Deferral and Recognition

Question 2

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.
How do you set up an account rule that is based on leased and owned trucks?

A. Set up an account source in the source system file and derive the value.
B. Set up a mapping set rule.
C. Set up a lookup value.
D. Set up a value set rule.

Question 3

A financial analyst at your workplace would like to frequently view Journal entries report with all line details attributes with user's specific set of criteria and pivot table.
What is the solution to implement this requirement quickly?

A. Run predefined reports and filter the report with the available report parameters.
B. Build a new data warehouse solution.
C. Request support team to download subledger Journal entry data.
D. Build a custom Oracle Transactional Business Intelligence report on subledger accounting subject areas.

Question 4

Given the business requirement in the 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 are the key transaction types mentioned in the use case?

A. Purchase Trucks and Deploy Trucks
B. Initiate Truck Rentals Contract and Pay Truck Maintenance
C. Purchase Trucks and Pay Out Trucks
D. Pay Insurance and Control Truck Services

Question 5

There is a business requirement to display supporting information with some text and source value at the journal line level that will vary depending on the entered amounts for the line.
What is the solution to implement this requirement?

A. define journal entry rule set with condition
B. define journal line rules with conditions
C. define user transaction line identifier
D. define line description rule with condition

Solutions: