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

1z0-1060-25

Exam Code: 1z0-1060-25

Exam Name: Oracle Accounting Hub Cloud 2025Implementation Professional

Updated: Aug 22, 2026

Q & A: 84 Questions and Answers

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Oracle 1z0-1060-25 Exam Syllabus Topics:

SectionWeightObjectives
Accounting and Reporting20%- Accounting generation and posting
  • 1. Review and finalize accounting entries
  • 2. Create accounting process
- Financial reporting structures
  • 1. Financial reporting hierarchies
  • 2. Ledger and chart of accounts setup
- Reporting tools and outputs
  • 1. Design custom financial reports
  • 2. Use OTBI and Financial Reporting Studio
Subledger Accounting Configuration30%- Accounting methods and rules setup
  • 1. Account derivation rules
  • 2. Journal line definitions
  • 3. Description and line entry rules
- Accounting transformations and mappings
  • 1. Source and target value mappings
  • 2. Conversion formulas and conditions
- Event model and accounting events
  • 1. Event accounting definitions
  • 2. Event classes and types
Implementation Best Practices and Maintenance10%- Implementation methodology
  • 1. Plan and analyze requirements
  • 2. Deployment and go-live steps
  • 3. Configure and test phases
- Maintenance and troubleshooting
  • 1. Diagnose and resolve common issues
  • 2. Monitor accounting processes
  • 3. Apply updates and patches
Source System Integration and Data Management25%- Data mapping and transformation
  • 1. Data enrichment and derivation
  • 2. Source to accounting attribute mapping
- Data upload and validation
  • 1. Data import and validation processes
  • 2. Error handling and correction
  • 3. Transaction data file formats
- Source system registration and configuration
  • 1. Register external source systems
  • 2. Define source system parameters
Accounting Hub Overview and Architecture15%- Common Fusion Cloud Application capabilities
  • 1. Users and role-based access control
  • 2. Functional Setup Manager components
  • 3. Security Console features
- Accounting Hub architecture and core components
  • 1. Data flow and transformation logic
  • 2. Integration framework overview

Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. You are assigned to troubleshoot a Create Accounting error.
Which is the first step that you need to perform to use the Diagnostics Framework feature?

A) Run the Accounting Event Diagnostic report.
B) Set the 'SLA: Enable Diagnostic' profile option.
C) Run Create Accounting again to generate journal entries for the events that ended in error.
D) Submit the Accounting Event Diagnostic process.


2. Your client provides loans to their customers. You are appointed as a consultant to implement Accounting Hub Cloud and standardize the accounting process. Your client wants to retrieve the segment values for the debit and credit side of journal entries based on different criteria.
Which FOUR value types should you use in the definition of your account rules to generate journal entries as per the customer's requirement?

A) Source
B) Mapping set
C) Value set
D) Account rule
E) Account combination
F) Constant


3. 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


4. Which transaction source is used to link transaction header and line information?

A) Transaction Date
B) Transaction Type
C) Transaction Key
D) Transaction Number


5. The company 'Insurance for Homes' provides home insurance services. It has an in-house system that processes home insurance payments received from customers. The end result of the process consists of a list of individual journal entries in a spreadsheet. The company wants to get all journal entries in a secure and auditable repository. Access will be limited to a select few staff members. Additionally, these staff members will need to be able to report and view the entries using an advanced reporting and analytical tool for slicing and dicing the journal entries.
Insurance premium is to be recognized as income across the coverage period of the insurance policy.
Which types of journal lines need to be set up to generate recurring journal entries for insurance premium in each accounting period?

A) Reversal and Recognition
B) Multiperiod and Recognition
C) Deferral and Recognition


Solutions:

Question # 1
Answer: B
Question # 2
Answer: A,B,D,F
Question # 3
Answer: D
Question # 4
Answer: D
Question # 5
Answer: C

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1Z1-1006 - Oracle Financials Cloud: Receivables 2018 Implementation Essentials
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