Absolute Free 1Z0-1060-25 Exam Practice for Comprehensive Preparation 

Your client decides to implement Accounting Hub along with other Oracle-owned subledgers. They want to know about the predefined accounting methods that Oracle provides. Which of the following THREE are predefined accounting methods?

The company 'Insurance for Homes' provides home insurance services. It has an in-house system that processes home insurance payments received from customers. The end result of the process consists of a list of individual journal entries in a spreadsheet. The company wants to get all journal entries in a secure and auditable repository. Access will be limited to a select few staff members. Additionally, these staff members will need to be able to report and view the entries using an advanced reporting and analytical tool for slicing and dicing the journal entries. Insurance premium is to be recognized as income across the coverage period of the insurance policy. Which types of journal lines need to be set up to generate recurring journal entries for insurance premium in each accounting period?