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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% | - Accounting methods and rules setup
|
| Topic 3: Accounting Hub Overview and Architecture | 15% | - Accounting Hub architecture and core components
|
| Topic 4: Accounting and Reporting | 20% | - Financial reporting structures
|
| Topic 5: Implementation Best Practices and Maintenance | 10% | - Implementation methodology
|
Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:
1. Challenge 2: Manage Account Rule
TASK
Create Account Rule with 3 priorities
Name of Account Rule: Revenue Account
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.
2. Which statement is true about journal entry rule sets?
A) Description rules can be assigned at both the header and the line level of a journal entry rule set.
B) Description rules can be assigned only at the header level of a journal entry rule set.
C) Description rules can be assigned only at the line level of a journal entry rule set.
3. 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 classes
B) Journal sources
C) Source systems
D) Event types
4. Which two actions can you accomplish for a registered source system?
A) Add new event classes through the user interface
B) Revise source Information through the user interface and add more sources
C) Modify the subledger application name as long as there are no pending accounting entries
D) Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet
5. 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) Accounting Class
B) Business Flow Class
C) Event Class
D) Rounding Class
Solutions:
| Question # 1 Answer: Only visible for members | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: B,D | Question # 5 Answer: C |
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