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Oracle 1Z0-1060-24 Exam Questions - Navigate Your Path to Success

The Oracle Accounting Hub Cloud 2024 Implementation Professional (1Z0-1060-24) exam is a good choice for Financial Analysts Accounting Professionals and if the candidate manages to pass Oracle Accounting Hub Cloud 2024 Implementation Professional exam, he/she will earn Oracle Cloud , Oracle SaaS - ERP Certifications. Below are some essential facts for Oracle 1Z0-1060-24 exam candidates:

  • TrendyCerts offers 80 Questions that are based on actual Oracle 1Z0-1060-24 syllabus.
  • Our Oracle 1Z0-1060-24 Exam Practice Questions were last updated on: Feb 28, 2025

Sample Questions for Oracle 1Z0-1060-24 Exam Preparation

Question 1

Given the business use case:

"New Trucks" runs a fleet of trucks in a rental business in the U.S. The majority of the trucks are owned; however, in some cases, "New Trucks" may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks" company has a subsidiary company "Fix Trucks" that maintains its own profit and loss entity. "New Trucks" and "Fix Trucks" are located in the same country and share a chart of accounts and accounting conventions.

How many ledgers are required to be set up?

Correct : A


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Question 2

Apart from a mapping set-based account rule, which is the other way to retrieve segment values for journal entries?

Correct : C


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Oracle 1Z0-1060-24