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Oracle 1z0-1060-25 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Implementation Best Practices and Maintenance | 10% | - Maintenance and troubleshooting
|
| Accounting and Reporting | 20% | - Reporting tools and outputs
|
| Source System Integration and Data Management | 25% | - Data mapping and transformation
|
| Subledger Accounting Configuration | 30% | - Event model and accounting events
|
| Accounting Hub Overview and Architecture | 15% | - Common Fusion Cloud Application capabilities
|
Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:
1. Your customer has four external systems to manage their home loan, auto loan, consumer loan, and personal loan businesses. They decide to implement Accounting Hub to import their transactional data for generating journal entries from these source systems. While evaluating different possibilities, they ask for your suggestion about the sharing of accounting rules for these external systems.
Which implementation setup allows the sharing of accounting rules for all four external systems?
A) Two subledgers; one for home loan and auto loan and another for consumer loan and personal loan.
B) One subledger for all four source systems
C) Four subledgers; one for each source system
D) Three subledgers; one for home loan and auto loan, second for consumer loan, and third for personal loan
2. Your new Oracle Fusion Cloud customer has a reporting requirement to balance general ledger journals not only between companies (primary balancing segments and Legal Entities) but also within divisions. The proposed chart of account structure has the following nine segments:
Company-Division-Department-Account-Subaccount-Product-Intercompany-Future1-Future2 Which segment label should be selected on Division to achieve the reporting requirement?
A) Second Balancing segment
B) Management segment
C) Intercompany segment
D) Cost Center segment
E) Local Use segment
3. While creating an accounting method, you are unable to select a journal entry rule set for a combination of event class and event type.
What could be the reason for this issue?
A) Supporting references assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
B) The accounting method is either not attached to any chart of accounts or is attached to another chart of accounts than the journal entry rule set
C) Journal line rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
D) Description rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
4. Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they are processing transactions in a source system, and you have been appointed as a consultant to implement Oracle Cloud Accounting Hub to standardize the accounting process. You have decided to register the source system as a single application in Accounting Hub.
How many event classes will be generated by the system while registering the source system?
A) Two
B) Four
C) Three
D) One
5. Your client has operations in both the US and the UK, and they currently use a third-party billing system to process transactions like Complete an Invoice, Record a Payment, Record Late Charges, and Recognize Revenue. You are part of the implementation team of the Accounting Hub solution, and they request you to generate a dynamic description based on the following scenario:
"When Invoice Date is greater than or equal to 1st January 2018, concatenate Project Number and Invoice Number else concatenate Customer Name and Invoice Number." In which format would you enter the date in the user-defined formula to achieve this requirement?
A) DD-MON-YYYY
B) DD-MON-YY
C) YYYY-MON-DD
D) YY-MON-DD
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: C |
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