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Oracle 1z0-1060-25 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Reporting and Analysis | 15% | - Generate standard financial reports - Set up account monitoring and alerts - Create custom reports using Oracle Analytics Cloud |
| Implementation Planning and Setup | 20% | - Define implementation scope and requirements - Set up accounting periods and calendars - Configure ledgers, legal entities, and chart of accounts - Define and manage mapping sets |
| Data Migration and Integration | 20% | - Integrate with source systems using REST APIs - Import and reconcile historical data - Use spreadsheet-based loader for data migration - Configure external data load formats |
| 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 |
| Oracle Accounting Hub Cloud Overview | 10% | - Describe Accounting Hub Cloud key features and capabilities - Explain the architecture and components of Accounting Hub Cloud - Identify the benefits of implementing Accounting Hub Cloud |
| Subledger Accounting Configuration | 25% | - Configure journal line types and descriptions - Create and manage account hierarchies - Define mapping sets and journal line assignments - Set up account combinations and rules |
Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:
1. 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
2. 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) 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
C) 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
D) 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
3. Your client has implemented the Accounting Hub Cloud solution. They import their transaction data from the source system on a daily basis, and while doing so, some transactions are not being accounted properly. They want these invalid transactions purged and the correct transactions re-imported.
Which job would you submit to purge the invalid transactions?
A) Purge Invalid and Unaccounted Accounting Hub Transactions Job
B) Import Accounting Transactions Job with Purge Invalid Transaction parameter set to "Yes"
C) Set Accounting Hub Maintenance Job with Mode set to Purge Invalid or Unaccounted Transactions
D) Purge Accounting Hub Transactions Job
4. 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 the source transaction system, you are asked to propose an event model based on the activities performed by the company.
Based on 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) Event types
B) Source systems
C) Journal sources
D) Event classes
5. Challenge 4: Manage Description Rule
TASK
Create Description Rule
Subledger Application: AHC Billing
Process Category: AHC Billing
Event Class: AHC Billing
Event Type: Customer Billing, Customer Pay In, Customer Refund, Customer Settlement See the Explanation below for all the solution.
Solutions:
| Question # 1 Answer: B,C | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: Only visible for members |
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