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Oracle 1z0-1060-25 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. 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 their source transaction system, you are asked to propose an event model, based on the activities performed by the company.
According to 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) Journal sources
B) Source systems
C) Event classes
D) Event types

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

3. Your customer has four external systems to manage their home loan, auto loan, consumer loan, and personal loan businesses. They decide to implement Accounting Hub to import their transactional data for generating journal entries from these source systems. While evaluating different possibilities, they ask for your suggestion about the sharing of accounting rules for these external systems.
Which implementation setup allows the sharing of accounting rules for all four external systems?

A) Four subledgers; one for each source system
B) One subledger for all four source systems
C) Two subledgers; one for home loan and auto loan and another for consumer loan and personal loan.
D) Three subledgers; one for home loan and auto loan, second for consumer loan, and third for personal loan

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})

5. You are tasked with troubleshooting a Create Accounting error.
What is the first step you need to take to use the Diagnostics Framework features?

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

Solutions: