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Oracle 1z0-1060-25 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Implementation Best Practices and Maintenance | 10% | - Maintenance and troubleshooting
|
| Topic 2: Source System Integration and Data Management | 25% | - Data upload and validation
|
| Topic 3: Accounting and Reporting | 20% | - Reporting tools and outputs
|
| Topic 4: Accounting Hub Overview and Architecture | 15% | - Common Fusion Cloud Application capabilities
|
| Topic 5: Subledger Accounting Configuration | 30% | - Accounting transformations and mappings
|
Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:
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. 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
- B. 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
- C. 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
- D. 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
Correct Answer: A 🗳️
Which is an alternate way to implement a mapping set rule?
- A. Define a chart of account rule with conditions
- B. Define a lookup type rule with conditions
- C. Define a flexfield rule with conditions
- D. Define an account rule with conditions
Correct Answer: D 🗳️
A manual subledger journal did not reverse. What could be the reason for this?
- A. The next accounting period was open
- B. The Reverse Accrual On field was left null
- C. The next accounting period was future-enterable
- D. The Create Accrual Reversal Accounting process had run and completed with no errors
Correct Answer: B 🗳️
You are explaining to an accountant that account override is an adjustment feature of subledger accounting.
Which two traits can help you explain this?
- A. It is intended to correct only the subledger journals that have been posted
- B. It enables users to record a reason for the adjustment
- C. It provides an audit trail by preserving the original subledger journal entry
- D. It adjusts the original source transaction
Correct Answer: B,C 🗳️
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. One mapping set can be used for only one account rule at a time
- B. You can use up to 10 transaction or reference attributes as input in a mapping
- 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. You can define a default output value to use when actual input values do not match the mappings
Correct Answer: B,C,E 🗳️
