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Oracle 1z0-1060-25 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Accounting Hub Overview and Architecture | 15% | - Accounting Hub architecture and core components
|
| Topic 2: Subledger Accounting Configuration | 30% | - Accounting transformations and mappings
|
| Topic 3: Accounting and Reporting | 20% | - Accounting generation and posting
|
| Topic 4: Source System Integration and Data Management | 25% | - Source system registration and configuration
|
| Topic 5: Implementation Best Practices and Maintenance | 10% | - Implementation methodology
|
Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:
Your client, a banking organization, is currently using different transaction systems to take care of various types of loans, including vehicle loans, personal loans, education loans, and housing loans.
You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge Off as event types.
Now the customer has asked you to add another transaction type called Loan Interest Accrual Reversal.
What should be your response to the customer?
- A. The source system should be registered again by including the Loan Interest Accrual Reversal event type.
- B. Loan Interest Accrual Reversal can be added as a new event type from the user interface.
- C. A new transaction type cannot be added after the source system is registered.
- D. Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template.
Correct Answer: B 🗳️
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 🗳️
You are trying to explain to an accountant that account override is an adjustment feature of Subledger Accounting.
Which TWO traits can help you further explain this feature?
- A. It provides an audit trail by preserving the original subledger journal entry
- B. It is intended to correct only the subledger journals that have been posted
- C. It allows users to record a reason for the adjustment
- D. It adjusts the original source transaction
Correct Answer: A,C 🗳️
Your client, a banking organization, has operations in the USA, the UK, France, Japan, and Singapore. As an implementation consultant, you ask the project team to maintain a global chart of accounts. However, the management team in the UK does not agree to allow the generation of dynamic code combinations for the chart of accounts values.
What solution would you propose to address this scenario?
- A. Define one chart of accounts structure and enable dynamic inserts for the USA, France, Japan, and Singapore at the ledger options level, but disable it for the UK ledger
- B. Define one chart of accounts structure and disable dynamic inserts for the UK ledger by using the
"Allow Dynamic Inserts" profile option - C. Define two chart of accounts structure instances. Enable dynamic inserts for the first structure instance and disable it for the second one. Assign the first chart of accounts structure instance to the USA, France, Japan, and Singapore ledgers and the second chart of accounts structure instance to the UK ledger.
- D. Define two charts of accounts structures. Enable dynamic inserts for the first structure and disable it for the second one. Assign the first structure to the USA, France, Japan, and Singapore ledgers and the second structure to the UK ledger.
Correct Answer: B 🗳️
Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they are processing transactions in a source system, and you have been appointed as a consultant to implement Oracle Cloud Accounting Hub to standardize the accounting process. You have decided to register the source system as a single application in Accounting Hub.
How many event classes will be generated by the system while registering the source system?
- A. Three
- B. One
- C. Four
- D. Two
Correct Answer: B 🗳️
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