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Oracle 1z0-1060-25 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Implementation Planning and Setup | 20% | - Define implementation scope and requirements - Configure ledgers, legal entities, and chart of accounts - Define and manage mapping sets - Set up accounting periods and calendars |
| Topic 2: Subledger Accounting Configuration | 25% | - Configure journal line types and descriptions - Define mapping sets and journal line assignments - Set up account combinations and rules - Create and manage account hierarchies |
| Topic 3: Reporting and Analysis | 15% | - Set up account monitoring and alerts - Create custom reports using Oracle Analytics Cloud - Generate standard financial reports |
| Topic 4: Oracle Accounting Hub Cloud Overview | 10% | - Explain the architecture and components of Accounting Hub Cloud - Identify the benefits of implementing Accounting Hub Cloud - Describe Accounting Hub Cloud key features and capabilities |
| Topic 5: Post-Implementation and Maintenance | 10% | - Perform period-end close procedures - Apply updates and manage configuration changes - Manage user access and security roles - Troubleshoot common implementation issues |
| Topic 6: Data Migration and Integration | 20% | - Configure external data load formats - Import and reconcile historical data - Integrate with source systems using REST APIs - Use spreadsheet-based loader for data migration |
Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:
Your client has a requirement to report directly from the transactional tables and return the results in real- time, in turn eliminating the need for a data warehouse.
Which tool would you suggest to your client for this purpose?
- A. Account Group
- B. Oracle Transactional Business Intelligence
- C. Smart View
- D. Financial Reporting Studio
Correct Answer: B 🗳️
Given the business use case:
"New Trucks" runs a fleet of trucks in a rental business in the U.S. The majority of the trucks are owned; however, in some cases, "New Trucks" may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks" company has a subsidiary company "Fix Trucks" that maintains its own profit and loss entity. "New Trucks" and "Fix Trucks" are located in the same country and share a chart of accounts and accounting conventions.
How many ledgers are required to be set up?
- A. Two primary ledgers
- B. One primary, one secondary ledger
- C. One primary, one reporting currency ledger
- D. One primary ledger
Correct Answer: D 🗳️
Your customer needs to generate journal entries for the insurance premium collected from the sale of policies.
The different components of the premium collected by the company include Basic Premium and Tax. You decide to set up three separate journal line rules to account for Basic Premium, Tax Amount, and Total Amount.
Which attribute in a journal line rule allows you to classify these three journal entry lines?
- A. Event Class
- B. Rounding Class
- C. Business Flow Class
- D. Accounting Class
Correct Answer: A 🗳️
Your client has operations in the US and the UK, and they currently use a third-party billing system to process their transactions, such as Complete an Invoice, Record a Payment, Record Late Charges, and Recognize Revenue. As part of the Accounting Hub implementation, you have been asked to register the billing source system.
While registering the source system using the spreadsheet template, which TWO could be flagged as errors by the validation check process?
- A. You cannot add more than 10 sources when the Journal Display column is enabled
- B. The event type name cannot exceed 30 characters
- C. The event type name cannot exceed 25 characters
- D. You cannot add more than 30 sources when the Journal Display column is enabled
Correct Answer: A,C 🗳️
Your customer needs to generate journal entries for the insurance premium collected from the sale of policies.
The different components of the premium collected by the company include Basic Premium and Tax.
While uploading the transaction details containing both Basic Premium and Tax amounts, which transaction source would you use to link the transaction header and line information?
- A. Transaction Type
- B. Document Key
- C. Transaction Number
- D. Document Sequence Number
Correct Answer: C 🗳️
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