Oracle 1Z0-1060-26 Certification Sample Questions and Answers

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Oracle 1Z0-1060-26 Sample Questions:

01. When analyzing transformation requirements, what must be identified about the source's transactions?
a) The header and line attributes for the rules.
b) The general ledger periods opened and closed.
c) The financial reports the ledger will publish.
d) The security roles granted to end users.
 
02. Create Accounting completes but some transactions are left in error with no journal created.
What should be checked first?
a) Whether the description rule text is too short.
b) Whether the ledger set includes enough ledgers.
c) Whether the rules derived a valid account here.
d) Whether the financial statements were published.
 
03. In Functional Setup Manager, where do you enable the functional areas and features you want to implement?
a) In the journal entry rule set.
b) In the accounting method for the ledger.
c) In the source system registration.
d) In Opt-In for the offering.
 
04. Why must an external source system be registered in Accounting Hub before its data can be accounted?
a) To assign an accounting method to the ledger.
b) To describe the source transactions for the rules.
c) To derive the account combinations for its lines.
d) To publish financial reports from the ledger.
 
05. Finance needs a formatted, schedulable statement delivered to stakeholders each period.
Which tool fits best?
a) A mapping set, for value translation.
b) A supporting reference, for line attributes.
c) BI Publisher, for pixel-perfect output.
d) OTBI, for ad-hoc subject-area analysis.
 
06. After Create Accounting runs, a journal line posts to the wrong expense account for one supplier type.
Which component should be reviewed first?
a) The description rule attached to the line.
b) The journal entry rule set's list of line rules.
c) The account rule's conditioned priority elements.
d) The accounting method assigned to the ledger.
 
07. How is a user granted the access needed to perform Accounting Hub setup tasks?
a) Through assigned roles under role-based access control.
b) Through the accounting method assigned to the ledger.
c) Through a supporting reference on journal lines.
d) Through a mapping set referenced by account rules.
 
08. What does the Redwood user experience provide in Oracle Fusion applications?
a) A new subledger accounting rule component.
b) A replacement for the general ledger posting process.
c) A change to the passing score of the certification.
d) A modernized, consistent application interface.
 
09. At a conceptual level, how are AI/ML capabilities positioned to help in the accounting flow?
a) By registering source systems automatically without setup.
b) By assisting users, such as surfacing anomalies for review.
c) By replacing the account rules that derive accounts.
d) By posting journals without any accounting method.
 
10. Which term refers to Oracle's modernized user-experience design across Fusion applications?
a) Create Accounting.
b) Accounting method.
c) Supporting reference.
d) Redwood.

Answers:

Question: 01

Answer: a

Question: 02

Answer: c

Question: 03

Answer: b

Question: 04

Answer: c

Question: 05

Answer: b

Question: 06

Answer: c

Question: 07

Answer: a

Question: 08

Answer: d

Question: 09

Answer: b

Question: 10

Answer: d

 

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