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Oracle 1z1-975 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Accounting Rules | - Rule sets and processing logic - Mapping and derivation rules - Rules definition and structure |
| Configuration and Setup | - Ledger and accounting setup - Application configuration tasks |
| Accounting Transformations and Processing | - Validation and error handling - Subledger accounting flow |
| Source Systems Integration | - Source system definition - Data import and transformation |
| Reporting and Reconciliation | - Reconciliation processes - Account analysis and reporting |
| Accounting Hub Cloud Overview | - Core concepts and architecture - Business benefits and use cases |
Oracle Accounting Hub Cloud Service 2017 Implementation Essentials Questions Answered by ITExamDownload
- Reporting and Reconciliation ()
- Accounting Rules ()
- Accounting Hub Cloud Overview ()
Oracle Accounting Hub Cloud Service 2017 Implementation Essentials Sample Questions:
What attribute of a subledger journal entry is NOT transferred to GL?
- A. Accounted amounts
- B. Accounting class
- C. Accounting lines
- D. Supporting references
Correct Answer: C 🗳️
What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?
- A. upload transaction data into FAH Reporting Cloud Service
- B. provide real-time visibility to financial reports in FAH Reporting Cloud Service
- C. transfer Balances to FAH Reporting Cloud Service
- D. synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
Correct Answer: C 🗳️
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. Request support team to download subledger Journal entry data.
- B. Build a new data warehouse solution.
- C. Run predefined reports and filter the report with the available report parameters.
- D. Build a custom Oracle Transactional Business Intelligence report on subledger accounting subject areas.
Correct Answer: B 🗳️
You have been assigned to troubleshoot a Create Accounting error.
What is the first step you need to take to use the diagnostics framework features?
- A. Run Create Accounting again to generate journal entries for the events that ended in error.
- B. Run the Accounting Events Diagnostic Report.
- C. Set the "SLA: Diagnostics Enabled" profile option.
- D. Submit the Accounting Event Diagnostics process.
Correct Answer: C 🗳️
A new source system has been registered into Accounting Hub Cloud. Users are actively using this new subledqer. Subsequently, the business signed up a contract with a new supplier. A new mapping value that maps suppliers with the accounts needs to be added. You make updates on the mappings in the existing mapping set rule by adding more mapping valued.
After saving the update, what is the next required action?
- A. There is no required action. The mapping addition is complete.
- B. Activate the accounting method.
- C. Download a new transaction data template.
- D. Activate the journal entry rule set.
Correct Answer: C 🗳️
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