Oracle 1z0-1060-25 Q&A - in .pdf

  • 1z0-1060-25 pdf
  • Exam Code: 1z0-1060-25
  • Exam Name: Oracle Accounting Hub Cloud 2025Implementation Professional
  • Updated: Oct 12, 2026
  • Q & A: 84 Questions and Answers
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  • Q & A: 84 Questions and Answers
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1z0-1060-25 exam dumps

Oracle 1z0-1060-25 Exam Syllabus Topics:

SectionObjectives
Configuration and Setup- Initial setup and enterprise configuration
- Ledger and accounting configuration
- Subledger accounting setup
Troubleshooting and Maintenance- Error handling and diagnostics
- Performance monitoring and optimization
Oracle Accounting Hub Cloud Overview- Purpose and business value of Accounting Hub Cloud
- Key components and architecture
Data Integration and Transformation- Data ingestion methods and file-based loads
- Mapping and transformation rules
Accounting Rules and Processing- Event model and journal generation
- Accounting rules definition and maintenance
- Processing accounting entries
Reporting and Reconciliation- Reconciliation processes and controls
- Financial reporting outputs

Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

Question #1

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 by using the update spreadsheet template.
  • 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 from the user interface.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #2

You are implementing the Oracle Fusion Cloud Financial Accounting Hub (FAH) service for three legacy Receivables systems. As part of your FAH implementation project, the customer requests that general ledger journals be summarized to keep a thin general ledger as billing in the three source systems is per delivery.
Which two options can be used in FAH to create the requested general ledger journals?

  • A. Summarize by journal source
  • B. Summarize by general ledger period
  • C. Group by general ledger period
  • D. Summarize by journal category
  • E. Summarize by general ledger date
  • F. Group by general ledger date
Reveal Solution  Discussion  0

Correct Answer: B,E  🗳️

Question #3

You are designing an income statement report with the help of Financial Reporting Studio. You add row numbers 3, 4, and 5 to reflect the balances for three different expense accounts and row number 6 to reflect the sum of row numbers 3, 4, and 5.
Which formula should be used on row number 6 to calculate the sum?

  • A. 3:5{3:5}3:5
  • B. [3:5][3:5][3:5]
  • C. [3;5][3;5][3;5]
  • D. [3,5][3,5][3,5]
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #4

Your client, a banking organization, is currently using different transaction systems for different 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.
The customer now asks 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. Loan Interest Accrual Reversal can be added as a new event type from the user interface
  • D. The source system should be registered again by including the Loan Interest Accrual Reversal event type
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #5

Challenge 2: Manage Account Rule
TASK
Create Account Rule with 3 priorities
Name of Account Rule: Revenue Account
Subledger Application: AHC Billing
Process Category: AHC Billing
Event Class: AHC Billing
Event Type: Customer Billing, Customer Pay In, Customer Refund, Customer Settlement See the Explanation below for all the solution.

Reveal Solution  Discussion  0

Correct Answer:

Step-by-Step Guide to Create an Account Rule with 3 Priorities in Oracle Fusion Step 1: Navigate to Manage Account Rules
* Log into Oracle Fusion with appropriate privileges for Subledger Accounting.
* Go toSetup and Maintenance.
* In theFunctional Setup Manager (FSM), navigate to:
* Financials
* Subledger Accounting
* Manage Account Rules.
Step 2: Create the Account Rule
* ClickCreateto add a newAccount Rule.
* Enter the following details:
* Name: Revenue Account
* Subledger Application: AHC Billing
* Process Category: AHC Billing
* Event Class: AHC Billing
* Event Type: Customer Billing, Customer Pay In, Customer Refund, Customer Settlement
* Rule Type: Account
* ClickSave, then proceed to definePriorities.
Step 3: Define Three Priorities for the Revenue Account Rule
Now, define three priorities for determining the revenue account:
Priority 1: Derived from Transaction Type
* ClickAdd Rowto definePriority 1.
* SetPriority Orderas1.
* DefineCondition:
* IfTransaction Type = "Customer Billing", thenAccount = 4000 (Revenue Account)
* Source Type: UseTransaction Typeas the basis.
* ClickSave.
Priority 2: Derived from Customer
* ClickAdd Rowto definePriority 2.
* SetPriority Orderas2.
* DefineCondition:
* IfCustomer Category = "Wholesale", thenAccount = 4010 (Wholesale Revenue)
* Source Type: UseCustomer Categoryas the basis.
* ClickSave.
Priority 3: Default Revenue Account
* ClickAdd Rowto definePriority 3.
* SetPriority Orderas3.
* DefineCondition:
* Default Revenue Account = 4999(for any other transactions)
* Source Type: UseConstant Value.
* ClickSave.
Step 4: Validate and Assign the Account Rule
* ClickValidateto ensure the rule has no errors.
* Navigate toManage Journal Entry Rule Sets.
* Locate theAHC BillingJournal Entry Rule Set.
* Assign the newly createdRevenue Account Ruleto theappropriate Journal Line Rule(such as Revenue or Income).
* ClickSave and Close.
Step 5: Test the Account Rule
* Go toSubledger Accounting > Accounting Entries.
* Generate accounting for different transactions:
* Customer Billingshould deriveAccount 4000.
* Wholesale Customer Billingshould deriveAccount 4010.
* Other transactionsshould deriveAccount 4999.
* Review and confirm that the correct accounts are assigned.

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