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Oracle 1z0-1060-25 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Accounting Rules and Processing | - Processing accounting entries - Accounting rules definition and maintenance - Event model and journal generation |
| Reporting and Reconciliation | - Reconciliation processes and controls - Financial reporting outputs |
| Data Integration and Transformation | - Mapping and transformation rules - Data ingestion methods and file-based loads |
| Configuration and Setup | - Ledger and accounting configuration - Subledger accounting setup - Initial setup and enterprise configuration |
| Oracle Accounting Hub Cloud Overview | - Purpose and business value of Accounting Hub Cloud - Key components and architecture |
| Troubleshooting and Maintenance | - Error handling and diagnostics - Performance monitoring and optimization |
Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:
You are tasked with identifying the reason for a user from your client organization not being able to submit the job that imports the transaction data for accounting and posting in General Ledger.
You realize that a duty role needs to be associated with a job role for authorizing the access to import the accounting transactions process.
Which duty role would you suggest?
- A. Accounting Hub Create and Post Journal Entry Duty Role
- B. Accounting Hub Integration Duty Role
- C. Accounting Hub Import Duty Role
- D. Accounting Hub Create Accounting Duty Role
Correct Answer: B 🗳️
In Functional Setup Manager, if setup data is segmented by a specific context, you can perform the setup task iteratively, such as assigning different ledger options to different primary ledgers.
Which action should you take to specify the context?
- A. Select the value for Feature
- B. Select the value for Functional Area
- C. Select the value for Scope
- D. Select the value for Lookup Code
Correct Answer: C 🗳️
You are implementing Accounting Hub for one of your client organizations in the US. The organization has two legal entities, loans and insurance. Both the legal entities have agreed to share the same chart of accounts and convention. However, the loans legal entity will use the January to December calendar, while the insurance legal entity will use the July to June calendar.
How many primary ledgers will you create to achieve this requirement?
- A. Three
- B. Two
- C. One
- D. Four
Correct Answer: B 🗳️
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?
- A. Subledger application name was not selected as a scope before defining the supporting reference
- B. Supporting references can be used only with predefined applications, such as payable, assets, and expenses
- C. Thirty supporting references with balances have already been defined, so a new supporting reference cannot be added
- D. Supporting reference tracking was not enabled while registering the source system
Correct Answer: A 🗳️
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?
- A. Two primary ledgers
- B. One primary, one reporting currency ledger
- C. One primary ledger
- D. One primary, one secondary ledger
Correct Answer: C 🗳️
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