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Oracle 1z0-1060-25 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Reporting and Analysis | 15% | - Set up account monitoring and alerts - Create custom reports using Oracle Analytics Cloud - Generate standard financial reports |
| Topic 2: Post-Implementation and Maintenance | 10% | - Perform period-end close procedures - Apply updates and manage configuration changes - Troubleshoot common implementation issues - Manage user access and security roles |
| Topic 3: Data Migration and Integration | 20% | - Import and reconcile historical data - Use spreadsheet-based loader for data migration - Configure external data load formats - Integrate with source systems using REST APIs |
| Topic 4: Subledger Accounting Configuration | 25% | - Set up account combinations and rules - Configure journal line types and descriptions - Create and manage account hierarchies - Define mapping sets and journal line assignments |
| Topic 5: Oracle Accounting Hub Cloud Overview | 10% | - Identify the benefits of implementing Accounting Hub Cloud - Describe Accounting Hub Cloud key features and capabilities - Explain the architecture and components of Accounting Hub Cloud |
| Topic 6: Implementation Planning and Setup | 20% | - Set up accounting periods and calendars - Configure ledgers, legal entities, and chart of accounts - Define implementation scope and requirements - Define and manage mapping sets |
Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:
Your client deals in Banking, Insurance, and Stock Trading. They have separate transaction systems to process their transactions. You have been appointed as a consultant to implement Accounting Hub Cloud to streamline and standardize the accounting process for each of the source systems.
The client wants to generate the following accounting entries:
* Banking-related transactions on a daily basis
* Stock trading transactions on alternate days
* Insurance transactions on a weekly basis
Considering the nature of business, frequency of generating accounting entries, and the load on the system, how many source systems would you suggest?
- A. Three
- B. Two
- C. Four
- D. One
Correct Answer: A 🗳️
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. Event types
- B. Journal sources
- C. Event classes
- D. Source systems
Correct Answer: A 🗳️
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 header level of a journal entry rule set
- D. Description rules must carry the same chart of accounts that is attached to the journal entry rule set
Correct Answer: A 🗳️
A manual subledger journal did not reverse. What could be the reason for this?
- A. The next accounting period was future-enterable
- B. The Reverse Accrual On field was left null
- C. The next accounting period was open
- D. The Create Accrual Reversal Accounting process had run and completed with no errors
Correct Answer: B 🗳️
A banking organization is currently using different transaction systems for various types of loans, including vehicle loans, personal loans, education loans, and housing loans. You have been appointed as a consultant to implement Accounting Hub Cloud.
Which THREE points should you remember while registering the source system for the organization?
- A. Summarized Transaction type information cannot be sent for accounting transformation
- B. Use separate subledgers to ensure less data processing in each run
- C. Use separate subledgers to share sub-ledger accounting rules
- D. Use separate subledgers to provide more security across applications
- E. A transaction type and its associated transaction data typically relate to a single document of transaction
Correct Answer: B,D,E 🗳️
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