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Oracle 1z0-1060-25 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Your customer is engaged in the business of distributing different types of loans to their customers. They need to generate dynamic descriptions for journal lines based on the type of interest rates. The two types of interest rates are adjustable and fixed.
What would be your recommendation to the customer?

A) Define a separate journal entry rule set for each rate type
B) Set up a single description rule with conditions defined for two priorities, one for adjustable rates and the other for fixed rates
C) Set up separate journal line rules for adjustable and fixed rates
D) Set up separate description rules for adjustable and fixed rates

2. You are tasked with identifying the reason for a user from your client organization not being able to submit the job that imports the transaction data for accounting and posting in General Ledger.
You realize that a duty role needs to be associated with a job role for authorizing the access to import the accounting transactions process.
Which duty role would you suggest?

A) Accounting Hub Create and Post Journal Entry Duty Role
B) Accounting Hub Create Accounting Duty Role
C) Accounting Hub Integration Duty Role
D) Accounting Hub Import Duty Role

3. 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.
While uploading the transaction details containing both Basic Premium and Tax amounts, which transaction source would you use to link the transaction header and line information?

A) Transaction Type
B) Document Sequence Number
C) Document Key
D) Transaction Number

4. 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) Three
B) Four
C) One
D) Two

5. 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) Four
C) One
D) Two

Solutions: