Online 1D0-1060-25-D Practice Test

Question 1

While creating an accounting method, you are unable to select a journal entry rule set for a combination of event class and event type. What could be the reason for this issue?

Options :

A :

The accounting method is either not attached to any chart of accounts or is attached to another chart of accounts than the journal entry rule set

B :

Journal line rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached

C :

Description rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached

D :

Supporting references assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached

Answer: A

Question 2

The Unified Migration option helps move functional setup data from one instance to another. Which TWO statements are true about Unified Migration?

Options :

A :

You need to manually download the configuration set from the source and manually upload it into the target

B : You can optionally migrate only the new changes if both environments are synchronized

C : The Unified Migration option requires registration of the target environment in the source environment

D :

There is no need to import the migration set into a sandbox instance before it is applied to the target environment

Answer: B,C

Question 3

You are implementing the Oracle Fusion Cloud Financial Accounting Hub (FAH) service for three legacy Receivables systems. As part of your FAH implementation project, the customer requests that general ledger journals be summarized to keep a thin general ledger as billing in the three source systems is per delivery. Which two options can be used in FAH to create the requested general ledger journals?

Options :

A : Summarize by journal category

B : Group by general ledger period

C : Summarize by general ledger period

D : Group by general ledger date

E : Summarize by general ledger date

F : Summarize by journal source

Answer: C,E

Question 4

Your client organization deals in providing loans to its customers. You are appointed as a consultant to implement Oracle Fusion Cloud Accounting Hub to standardize the accounting process. Your client has a requirement to retrieve the segment values for the debit and credit side of journal entries based on different criteria. You decide to create a mapping set to retrieve the value of the cost center segment based on loan type as the input source. Your client wants the values to be validated from a list while creating the input and output mappings. Which two options allow the validation of input values on mapping sets?

Options :

A : Value sets

B : Segment values

C : Chart of accounts segment

D : Lookup types

Answer: A,D

Question 5

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

Options :

A : Manage Reporting Currencies

B : Specify Ledger Options

C : Manage Accounting Attribute Assignments

D : Manage Subledger Accounting Options

Answer: A

EXPERTY DESIGNED 1D0-1060-25-D PRACTICE TEST