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Oracle 1z0-1060-25 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Your client decides to:
* Configure a primary ledger for local statutory reporting requirements and a secondary ledger to manage alternative accounting requirements.
* Use Financial Reporting Studio to manage the financial reports that leverage the cube connections.
They are seeking your advice to understand the cubes that the system creates to store the balances for these two ledgers.
Based on which unique combination of ledger components are the cube connections generated?

A) Chart of Account and Convention
B) Chart of Account and Currency
C) Chart of Accounts and Calendar
D) Convention and Currency
E) Calendar and Currency

2. 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) A new transaction type cannot be added after the source system is registered.
B) Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template.
C) The source system should be registered again by including the Loan Interest Accrual Reversal event type.
D) Loan Interest Accrual Reversal can be added as a new event type from the user interface.

3. The Insurance for Homes company provides home insurance services in the USA, the UK, France, and Italy.
It is headquartered in the USA. The entities in the UK, France, and Italy are subsidiaries of the USA entity.
The company decides to configure four primary ledgers, one each for the USA, the UK, France, and Italy. It also plans to configure three secondary ledgers under the UK, France, and Italy primary ledgers.
Which TWO statements are true about setting up secondary ledgers?

A) A chart of accounts mapping is always required between the chart of accounts of the primary ledger and the secondary ledger
B) Conversion levels available for a secondary ledger are Balance, Journal, Adjustment only, andSubledger
C) A chart of accounts mapping is only required if a secondary ledger has a different chart of accounts than its primary ledger
D) Conversion levels available for a secondary ledger are Balance, Journal, and Subledger only

4. You are tasked with troubleshooting a Create Accounting error.
What is the first step you need to take to use the Diagnostics Framework features?

A) Run Create Accounting again to generate journal entries for the events that ended in error
B) Run the Accounting Events Diagnostic report
C) Submit the Accounting Event Diagnostics process
D) Set the "SLA: Enable Diagnostic" profile option

5. Which three duty roles are required to perform Accounting Hub setup tasks?

A) Accounting Hub Maintenance
B) Accounting Hub Integration
C) Application Implementation Consultant
D) Subledger Accounting Manager
E) Accounting Hub Administration

Solutions: