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Oracle 1z0-1060-25 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Subledger Accounting Configuration | 25% | - Define mapping sets and journal line assignments - Configure journal line types and descriptions - Set up account combinations and rules - Create and manage account hierarchies |
| Reporting and Analysis | 15% | - Set up account monitoring and alerts - Create custom reports using Oracle Analytics Cloud - Generate standard financial reports |
| Oracle Accounting Hub Cloud Overview | 10% | - Describe Accounting Hub Cloud key features and capabilities - Identify the benefits of implementing Accounting Hub Cloud - Explain the architecture and components of Accounting Hub Cloud |
| Post-Implementation and Maintenance | 10% | - Troubleshoot common implementation issues - Manage user access and security roles - Apply updates and manage configuration changes - Perform period-end close procedures |
| Implementation Planning and Setup | 20% | - Define and manage mapping sets - Set up accounting periods and calendars - Configure ledgers, legal entities, and chart of accounts - Define implementation scope and requirements |
| Data Migration and Integration | 20% | - Use spreadsheet-based loader for data migration - Configure external data load formats - Import and reconcile historical data - Integrate with source systems using REST APIs |
Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:
1. 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) YY-MON-DD
C) YYYY-MON-DD
D) DD-MON-YY
2. Your client, a banking organization, is currently using different transaction systems for different types of loans including vehicle loans, personal loans, education loans, and housing loans. You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge off as event types.
The customer now asks you to add another transaction type called Loan Interest Accrual Reversal.
What should be your response to the customer?
A) Loan Interest Accrual Reversal can be added as a new event type from the user interface
B) A new transaction type cannot be added after the source system is registered
C) Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template
D) The source system should be registered again by including the Loan Interest Accrual Reversal event type
3. 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 Scope
B) Select the value for Functional Area
C) Select the value for Feature
D) Select the value for Lookup Code
4. Which statement is true about journal entry rule sets?
A) Description rules can be assigned at both the header and the line level of a journal entry rule set
B) Description rules can be assigned only at the header level of a journal entry rule set
C) Description rules must carry the same chart of accounts that is attached to the journal entry rule set
D) Description rules can be assigned only at the header level of a journal entry rule set
5. 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) 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
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) 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
D) 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
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: B |
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