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The Oracle Accounting Hub Cloud solution is a cloud-based platform that allows organizations to consolidate accounting data from multiple sources into a single, centralized repository. This solution is designed to improve financial reporting and compliance by providing a unified view of financial data across the entire organization. The Oracle 1z0-1060-22 Exam focuses on the skills and knowledge required to successfully implement and configure this solution.

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Oracle Accounting Hub Cloud 2022 Implementation Professional Sample Questions (Q31-Q36):

Where do you define the currency conversion type to be used in converting accountedamount for reporting currency ledger?

  • A. Manage Accounting Attribute Assignments
  • B. Specify Ledger Options
  • C. Manage Subledger Accounting Options
  • D. Manage Reporting Currencies

Answer: A

How many transaction event classes can be set up for a subledger uploaded to Accounting Hub Cloud?

  • A. Three
  • B. Unlimited
  • C. One
  • D. Two

Answer: C

Which function of Smart View create multiple reports from dimension values by using same grid structure?

  • A. Zooming in and out.
  • B. Drill-through.
  • C. Pivoting.
  • D. Cascading.

Answer: D

To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?

  • A. Conversion type, conversion date and conversion rate
  • B. Conversion type and conversion date
  • C. Conversion type
  • D. Conversion date and conversion rate

Answer: D

What is the terminology that is used to refer to the number of transactions processed by Create Accounting in one commit cycle?

  • A. Virtual Machine Processing Size
  • B. Processing Unit Size
  • C. Accounting Unit Commit Size
  • D. Buffer Unit Size

Answer: B


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