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    The Oracle Accounting Hub Cloud is a comprehensive financial management solution that helps organizations streamline their accounting processes and gain better visibility into their financial data. It provides a unified view of financial information from multiple sources and enables organizations to automate their financial processes, reduce costs, and improve accuracy. Oracle Accounting Hub Cloud is used by businesses of all sizes and across various industries, making it a highly sought-after certification for accounting and finance professionals.

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    The Oracle 1z0-1060-22 certification exam is a computer-based exam that consists of 70 multiple-choice questions. Candidates are given 105 minutes to complete the exam, and they must score at least 65% to pass. The exam is designed to test the candidate's knowledge and understanding of Oracle Accounting Hub Cloud 2022 solutions, as well as their ability to implement these solutions in real-world scenarios.

    Oracle Accounting Hub Cloud 2022 Implementation Professional Sample Questions (Q74-Q79):

    NEW QUESTION # 74
    '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.
    Which is a correct example for a formula to prorate amounts evenly across each period? Note that the NumberofGLPeriod is a predefined function that returns the number of non adjustment accounting periods between two dates.

    • A. "Amount" *( NumberofGLPeriod ("Effective Date", "Last Day of Current Accounting Period") + 1)/ (NumberofGLPeriod ("Effective Date", "Expiiy Date") + 1)
    • B. "Amount" * NumberofGLPeriod ("Effective Date", "Last Day of Current Accounting Period") / NumberofGLPeriod ("Effective Date", 'Expiry Date")
    • C. "Amount" - ("Last Day of Current Accounting Period" - "Effective Date" ) / ("Expiry Date" -"Effective Date")
    • D. "Amount" * ("Last Day ol Current Accounting Period" - "Effective Date" + 1) / (("Expiry Date" "Effective Date") + 1)

    Answer: B


    NEW QUESTION # 75
    Which three are mandatory transaction source information?

    • A. Transaction Line
    • B. Ledger Name
    • C. Transaction Number
    • D. Distribution Link
    • E. Transaction Date

    Answer: A,B,E


    NEW QUESTION # 76
    What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?

    • A. synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
    • B. transfer Balances to FAH Reporting Cloud Service
    • C. upload transaction data into FAH Reporting Cloud Service
    • D. provide real-time visibility to financial reports inFAH Reporting Cloud Service

    Answer: C


    NEW QUESTION # 77
    Which role must the user have to import accounting transaction data?

    • A. Subledger Accounting Duty role
    • B. Subledger Accounting Reporting Duty role
    • C. Accounting Hub Administration Duty role
    • D. Accounting Hub Integration Duty role

    Answer: D


    NEW QUESTION # 78
    You have recently registered a new source system and now the customer wants you to add another event type within this source system. What is the correct method to add another event type?

    • A. Register the source system again by including the New Event Type
    • B. Create another source system with the new event type and merge it with the previous source system
    • C. Download the template again with the source system data, add the new event type, and upload the data again
    • D. Add the new Event Type from the User Interface by navigating to the Manage Subledger Application Page

    Answer: D


    NEW QUESTION # 79
    ......

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