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Oracle Accounting Hub Cloud 2025Implementation Professional : 1z0-1060-25
- Exam Code: 1z0-1060-25
- Exam Name: Oracle Accounting Hub Cloud 2025Implementation Professional
- Q & A: 84 Questions and Answers
About Oracle Accounting Hub Cloud 2025Implementation Professional : 1z0-1060-25 Exam
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Oracle 1z0-1060-25 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Source System Integration and Data Management | 25% | - Data upload and validation
|
| Topic 2: Subledger Accounting Configuration | 30% | - Event model and accounting events
|
| Topic 3: Accounting Hub Overview and Architecture | 15% | - Common Fusion Cloud Application capabilities
|
| Topic 4: Accounting and Reporting | 20% | - Accounting generation and posting
|
| Topic 5: Implementation Best Practices and Maintenance | 10% | - Implementation methodology
|
Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:
Question #1
Your client deals in Banking, Insurance, and Stock Trading. They have separate transaction systems to process their transactions. You have been appointed as a consultant to implement Accounting Hub Cloud to streamline and standardize the accounting process for each of the source systems.
The client wants to generate the following accounting entries:
* Banking-related transactions on a daily basis
* Stock trading transactions on alternate days
* Insurance transactions on a weekly basis
Considering the nature of business, frequency of generating accounting entries, and the load on the system, how many source systems would you suggest?
- A. Two
- B. Three
- C. Four
- D. One
Correct Answer: B 🗳️
Question #2
Your customer wants to monitor the balances of their key General Ledger (GL) accounts on a regular basis and asks your advice on the best reporting option.
Which reporting tool would you suggest?
- A. Financial Reporting Studio
- B. Account Groups and Sunburst
- C. Smart View
- D. Oracle Transactional Business Intelligence
Correct Answer: B 🗳️
Question #3
Your client has operations in both the US and the UK. They currently use a third-party billing system to process transactions, such as Complete an Invoice, Record a Payment, Record Late Charges, and Recognize Revenue. You are part of the implementation team for the Accounting Hub solution. Your client wants to retrieve chart of accounts values for the line of business segment based on customer classification.
You decide to use the mapping sets functionality to fulfill this requirement.
Which THREE statements are true about using mapping sets?
- A. You can use up to 10 transaction or reference attributes as input in a mapping
- B. You can define a default output value to use when actual input values do not match the mappings
- C. Mapping sets are unique to each sub-ledger application, in order to know which input sources to make available.
- D. The mappings can be entered only by using the user interface
- E. One mapping set can be used for only one account rule at a time
Correct Answer: A,B,C 🗳️
Question #4
You design an income statement report with the help of Financial Reporting Web Studio. You add row numbers 3, 4, and 5 to reflect the balances for three different expense accounts and row number 6 to reflect the sum of row numbers 3, 4, and 5.
Which formula should be used on row number 6 to calculate the sum?
- A. ([3:5])
- B. ([3;5])
- C. ([3,5])
- D. ({3:5})
Correct Answer: A 🗳️
Question #5
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 Create Accounting again to generate journal entries for the events that ended in error.
- B. Submit the Accounting Event Diagnostic process.
- C. Run the Accounting Event Diagnostic report.
- D. Set the 'SLA: Enable Diagnostic' profile option.
Correct Answer: D 🗳️
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