Question 2 - Oracle 1Z0-1060-26 Exam Questions [April 2026 Update]

Q: 2

Your client, a banking organization, currently uses different transaction systems for various types of loans, including vehicle loans, personal loans, education loans, and housing loans. The client has already implemented other subledger applications including payable, assets, and expenses. You have been hired as a consultant to help them implement the Accounting Hub solution for streamlining the accounting entries from the source system. One of their requirements is to track the overall loan amount disbursed by each loan officer. You decide to use the supporting references functionality to achieve this requirement. However, when you try to define the loan officer as a supporting reference, the add option is disabled. What could be the reason for this issue?

Options

Correct Answer:

Explanation

In Oracle Fusion Applications, many setup and maintenance tasks are context-sensitive and require you to set a 'scope' before you can perform actions like creating or adding new components. For defining supporting references, which are specific to a subledger application, you must first select the appropriate subledger application in the scope field on the "Manage Supporting References" page. If the scope is not set, the system does not know which application the new supporting reference should belong to, and therefore, the 'Add' or 'Create' option is disabled to prevent errors.

Why Incorrect

A. Thirty supporting references with balances have already been defined, so a new supporting reference cannot be added: The limit for supporting references that maintain balances is five, not thirty, and there is no limit on defining non-balanced supporting references.

B. Supporting references can be used only with predefined applications, such as payable, assets, and expenses: This is incorrect. A primary purpose of Accounting Hub is to use features like supporting references with custom, non-Oracle source systems.

C. Supporting reference tracking was not enabled while registering the source system: There is no specific high-level setting called "supporting reference tracking" that needs to be enabled during source system registration.

References

1. Oracle Fusion Cloud Financials, Implementing Subledger Accounting, 24A, Chapter 7: Supporting References, Section: "Create Supporting References". The procedure documented for this task begins with "In the Change Scope dialog box, select your subledger application." This indicates that setting the scope is a mandatory first step.

2. Oracle Fusion Cloud Financials, Implementing Subledger Accounting, 24A, Chapter 7: Supporting References, Section: "Supporting References with Balances: Explained". This document states, "You can define an unlimited number of supporting references. However, for supporting references that are set up to maintain balances, there's a limit of five balances for each journal line." This invalidates option A.

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