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Oracle 1z0-1060-25 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. 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) Event Class
B) Business Flow Class
C) Accounting Class
D) Rounding Class

2. Your client provides loans to their customers. You are appointed as a consultant to implement Accounting Hub Cloud and standardize the accounting process. Your client wants to retrieve the segment values for the debit and credit side of journal entries based on different criteria.
Which FOUR value types should you use in the definition of your account rules to generate journal entries as per the customer's requirement?

A) Account combination
B) Constant
C) Value set
D) Mapping set
E) Account rule
F) Source

3. You are implementing Accounting Hub for one of your client organizations in the US. The organization has two legal entities, loans and insurance. Both the legal entities have agreed to share the same chart of accounts and convention. However, the loans legal entity will use the January to December calendar, while the insurance legal entity will use the July to June calendar.
How many primary ledgers will you create to achieve this requirement?

A) Four
B) One
C) Two
D) Three

4. Your client has implemented the Accounting Hub Cloud solution. They import their transaction data from the source system on a daily basis, and while doing so, some transactions are not being accounted properly. They want these invalid transactions purged and the correct transactions re-imported.
Which job would you submit to purge the invalid transactions?

A) Import Accounting Transactions Job with Purge Invalid Transaction parameter set to "Yes"
B) Purge Invalid and Unaccounted Accounting Hub Transactions Job
C) Set Accounting Hub Maintenance Job with Mode set to Purge Invalid or Unaccounted Transactions
D) Purge Accounting Hub Transactions Job

5. You are assigned to troubleshoot a Create Accounting error.
Which is the first step that you need to perform to use the Diagnostics Framework feature?

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

Solutions: