1Z0-1060-26 practice question 5 of 15

You are trying to explain to an accountant that account override is an adjustment feature of Subledger Accounting. Which TWO traits can help you further explain this feature?

Answer options

A: It allows users to record a reason for the adjustment Correct answer

B: It adjusts the original source transaction

C: It provides an audit trail by preserving the original subledger journal entry Correct answer

D: It is intended to correct only the subledger journals that have been posted

Correct Answer:

A. It allows users to record a reason for the adjustment; C. It provides an audit trail by preserving the original subledger journal entry

Explanation

Account override in Subledger Accounting is a corrective feature that lets an authorized user replace the default account on a sub-ledger journal line.
• While performing the override the user must enter a “Reason for Account Override,” providing business justification (trait A).
• The original journal is kept in read-only status and the system creates a corrected journal, thereby maintaining a complete audit trail (trait C). Override never changes the source transaction itself and can be done before posting, so traits B and D are not applicable.

Why Incorrect

B. Override changes only the accounting representation; the originating transaction data in the external system remains intact.
D. Corrections can be made on unposted, completed journals; posting isn’t a prerequisite.

References

1. Oracle Fusion Cloud Financials, Subledger Accounting Implementation Guide 24A, chap. “Correct Subledger Journal Entries,” sec. “Account Override,” p. 199–200.

2. Oracle Accounting Hub Cloud 24A, User Guide, “Correcting Subledger Journals,” para. 3–4.

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