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Oracle 1z0-1060-25 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Subledger Accounting Configuration | 30% | - Accounting transformations and mappings
|
| Topic 2: Accounting and Reporting | 20% | - Reporting tools and outputs
|
| Topic 3: Accounting Hub Overview and Architecture | 15% | - Common Fusion Cloud Application capabilities
|
| 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:
The company 'Insurance for Homes' provides home insurance services. It has an in-house system that processes home insurance payments received from customers. The end result of the process consists of a list of individual journal entries in a spreadsheet. The company wants to get all journal entries in a secure and auditable repository. Access will be limited to a select few staff members. Additionally, these staff members will need to be able to report and view the entries using an advanced reporting and analytical tool for slicing and dicing the journal entries.
Insurance premium is to be recognized as income across the coverage period of the insurance policy.
Which types of journal lines need to be set up to generate recurring journal entries for insurance premium in each accounting period?
- A. Multiperiod and Recognition
- B. Reversal and Recognition
- C. Deferral and Recognition
Correct Answer: C 🗳️
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 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 enables users to record a reason for the adjustment
- D. It adjusts the original source transaction
Correct Answer: A,C 🗳️
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. Business Flow Class
- B. Rounding Class
- C. Event Class
- D. Accounting Class
Correct Answer: C 🗳️
What is NOT included in the minimum required accounting attribute assignments?
- A. Accounting Date
- B. Distribution Type
- C. Second Distribution Identifier
- D. First Distribution Identifier
Correct Answer: C 🗳️
To create journal entries, the Create Accounting process takes source data used in accounting rules from tables or views.
What are the tables or views called?
- A. Transaction objects
- B. Event entities
- C. Mapping sets
- D. Source objects
Correct Answer: A 🗳️
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