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Oracle 1z0-1060-25 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Implementation Planning and Setup | 20% | - Configure ledgers, legal entities, and chart of accounts - Define and manage mapping sets - Set up accounting periods and calendars - Define implementation scope and requirements |
| Post-Implementation and Maintenance | 10% | - Troubleshoot common implementation issues - Apply updates and manage configuration changes - Perform period-end close procedures - Manage user access and security roles |
| Subledger Accounting Configuration | 25% | - Configure journal line types and descriptions - Define mapping sets and journal line assignments - Create and manage account hierarchies - Set up account combinations and rules |
| Oracle Accounting Hub Cloud Overview | 10% | - Describe Accounting Hub Cloud key features and capabilities - Explain the architecture and components of Accounting Hub Cloud - Identify the benefits of implementing Accounting Hub Cloud |
| Data Migration and Integration | 20% | - Import and reconcile historical data - Integrate with source systems using REST APIs - Use spreadsheet-based loader for data migration - Configure external data load formats |
| Reporting and Analysis | 15% | - Create custom reports using Oracle Analytics Cloud - Set up account monitoring and alerts - Generate standard financial reports |
Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:
1. 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 general ledger date
B) Summarize by general ledger period
C) Group by general ledger period
D) Summarize by journal source
E) Summarize by journal category
F) Group by general ledger date
2. You are trying to explain to an accountant that account override is an adjustment feature of Subledger Accounting.
Which TWO traits can help you further explain this feature?
A) It adjusts the original source transaction
B) It provides an audit trail by preserving the original subledger journal entry
C) It allows users to record a reason for the adjustment
D) It is intended to correct only the subledger journals that have been posted
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) A chart of accounts mapping is only required if a secondary ledger has a different chart of accounts than its primary ledger
C) Conversion levels available for a secondary ledger are Balance, Journal, and Subledger only
D) Conversion levels available for a secondary ledger are Balance, Journal, Adjustment only, andSubledger
4. 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) Document Key
B) Transaction Type
C) Transaction Number
D) Document Sequence Number
5. 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) Accounting Class
B) Event Class
C) Rounding Class
D) Business Flow Class
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: B,C | Question # 3 Answer: B,D | Question # 4 Answer: C | Question # 5 Answer: B |
