Oracle 1z0-1060-25 : Oracle Accounting Hub Cloud 2025Implementation Professional

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Oracle 1z0-1060-25 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

Question #1
Which statement is true about journal entry rule sets?

A. Description rules can be assigned only at the line level of a journal entry rule set.
B. Description rules can be assigned at both the header and the line level of a journal entry rule set.
C. Description rules can be assigned only at the header level of a journal entry rule set.

Question #2
Your client decides to:
* Configure a primary ledger for local statutory reporting requirements and a secondary ledger to manage alternative accounting requirements.
* Use Financial Reporting Studio to manage the financial reports that leverage the cube connections.
They are seeking your advice to understand the cubes that the system creates to store the balances for these two ledgers.
Based on which unique combination of ledger components are the cube connections generated?

A. Calendar and Currency
B. Chart of Accounts and Calendar
C. Convention and Currency
D. Chart of Account and Convention
E. Chart of Account and Currency

Question #3
Your company is part of the financial services industry and manages various types of transactions, such as Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep, in their source system. While analyzing the source transaction system, you are asked to propose an event model based on the activities performed by the company.
Based on your analysis, what should the Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep transactions be defined as while registering the source system?

A. Source systems
B. Journal sources
C. Event classes
D. Event types

Question #4
Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they process their transactions in a source system. You have been appointed as a consultant to implement Accounting Hub Cloud and standardize their accounting process. You decide to register their source system as a single application in Accounting Hub Cloud. Your customer wants to know the changes that are allowed after registering a source system.
Which THREE actions can be performed after registering a source system?

A. Assign and update value set and lookup type assignments to sources
B. Revise source names and add more sources through the user interface
C. Add new event classes through the user interface
D. Assign a named segment from the chart of accounts to the sources that correspond to the accounting flexfield identifiers
E. Modify the subledger application name as long as there are no pending accounting entries

Question #5
Which predefined role allows a user to manage the period close activities in the General Ledger (GL) application?

A. Financial Analyst
B. General Accountant
C. Chief Financial Officer (CFO)
D. General Accounting Manager

Solutions: