Oracle 1Z0-1060-21 Questions & Answers - in .pdf
- Total Q&A: 62
- Update: Jul 26, 2026
- Price: $59.99
- Vendor: Oracle
- Exam Code: 1Z0-1060-21
- Exam Name: Oracle Accounting Hub Cloud 2021 Implementation Essentials
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Oracle 1Z0-1060-21 Exam Syllabus Topics:
| Section | Objectives |
|---|
| Setup and Configuration | - Implementation setup tasks
- Security and role configuration
- Configuration of accounting methods
|
| Accounting Hub Data Processing | - Event model and processing flow
- Import and validation of transactions
|
| Reporting and Reconciliation | - Reconciliation processes
- Financial reporting outputs
|
| Source Systems Integration | - Data ingestion and transformation
- Integrating external source systems
|
| Subledger Accounting and Rules | - Journal generation process
- Mapping sets and conditions
- Accounting rules definition
|
| Accounting Hub Cloud Overview | - Concepts and architecture of Accounting Hub Cloud
- Key business benefits and use cases
|
Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:
1. Which two actions can you accomplish for a registered source system?
A) Revise source Information through the user interface and add more sources.
B) Modify the subledger application name as long as thereare no pending accounting entries.
C) Add new event classes through the user interface.
D) Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet.
2. Which three duty roles are required to perform Accounting Hub setup tasks?
A) Subledger Accounting Manager
B) Accounting Hub Maintenance
C) Accounting Hub Integration
D) Accounting Hub Administration
E) Application Implementation Consultant
3. Given the subledger journal entry:
Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?
A) It is not balanced by entered amounts.
B) It appears correct.
C) It is not balanced by entered currency.
D) It is notbalanced by balancing segment.
4. Given the business use case:
'Insurances for Homes' company provides home insurance services. They have an in-house built system that processes insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all Journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, the company need to be able to report and view the entries using advanced reporting and analytical tools for segmenting, viewing and understanding data in the journal entries.
The line information may contain more than one line for the same header.
When uploading transactions, which is a way to differentiate each Journalline?
A) Assign a line classification or line type attribute.
B) You do not need to do anything additional.
C) Assign an accounting attribute.
D) Assign a custom formula.
5. What is NOT included in the minimum required accountingattribute assignments?
A) Accounting Date
B) Second Distribution Identifier
C) Distribution Type
D) First Distribution Identifier
Solutions:
Question # 1
Answer: A,D | Question # 2
Answer: C,D,E | Question # 3
Answer: D | Question # 4
Answer: A | Question # 5
Answer: B |
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