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Oracle 1z0-1060-25 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Data Migration and Integration | 20% | - Integrate with source systems using REST APIs - Import and reconcile historical data - Configure external data load formats - Use spreadsheet-based loader for data migration |
| Topic 2: Implementation Planning and Setup | 20% | - Configure ledgers, legal entities, and chart of accounts - Define and manage mapping sets - Define implementation scope and requirements - Set up accounting periods and calendars |
| Topic 3: Post-Implementation and Maintenance | 10% | - Perform period-end close procedures - Manage user access and security roles - Apply updates and manage configuration changes - Troubleshoot common implementation issues |
| Topic 4: Subledger Accounting Configuration | 25% | - Create and manage account hierarchies - Set up account combinations and rules - Define mapping sets and journal line assignments - Configure journal line types and descriptions |
| Topic 5: Reporting and Analysis | 15% | - Create custom reports using Oracle Analytics Cloud - Set up account monitoring and alerts - Generate standard financial reports |
| Topic 6: Oracle Accounting Hub Cloud Overview | 10% | - Identify the benefits of implementing Accounting Hub Cloud - Explain the architecture and components of Accounting Hub Cloud - Describe Accounting Hub Cloud key features and capabilities |
Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:
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. Group by general ledger period
- B. Group by general ledger date
- C. Summarize by general ledger period
- D. Summarize by journal source
- E. Summarize by journal category
- F. Summarize by general ledger date
Correct Answer: C,F 🗳️
You are implementing Accounting Hub Cloud for one of your clients. Your client has agreed to have six segments for the chart of accounts: Company, Line of Business, Account, Department, Product, and Intercompany.
For one of the journal line rules, your client requests you to assign a common account rule for Company, Line of Business, Account, and Intercompany. However, for Department and Product, they want to use segment- specific rules.
How will you achieve this while setting up the journal entry rule set?
- A. Assign Common Account Rule to all the segments and create overriding rules for the Department and Product segment while assigning the accounting method to the ledger
- B. Assign Common Account Rule to all the segments and create overriding rules for the Department and Product segment while creating the supporting references
- C. Assign Common Account Rule in the Account Combination rule field and assign Department and Product segment rules in the segment rules section
- D. Assign Common Account Rule to all the segments and create overriding rules for the Department and Product segment while creating the accounting method
Correct Answer: C 🗳️
Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they are processing transactions in a source system, and you have been appointed as a consultant to implement Oracle Cloud Accounting Hub to standardize the accounting process. You have decided to register the source system as a single application in Accounting Hub.
How many event classes will be generated by the system while registering the source system?
- A. Two
- B. Four
- C. Three
- D. One
Correct Answer: D 🗳️
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. Conversion levels available for a secondary ledger are Balance, Journal, and Subledger only
- 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. A chart of accounts mapping is always required between the chart of accounts of the primary ledger and the secondary ledger
Correct Answer: B,C 🗳️
Which statement is true about journal entry rule sets?
- A. Description rules can be assigned only at the header level of a journal entry rule set
- B. Description rules can be assigned at both the header and the line level of a journal entry rule set
- C. Description rules can be assigned only at the header level of a journal entry rule set
- D. Description rules must carry the same chart of accounts that is attached to the journal entry rule set
Correct Answer: B 🗳️
