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: Sep 17, 2026
  • Q & A: 84 Questions and Answers
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Oracle 1z0-1060-25 Exam Syllabus Topics:

SectionWeightObjectives
Implementation Best Practices and Maintenance10%- Implementation methodology
  • 1. Configure and test phases
  • 2. Plan and analyze requirements
  • 3. Deployment and go-live steps
- Maintenance and troubleshooting
  • 1. Diagnose and resolve common issues
  • 2. Monitor accounting processes
  • 3. Apply updates and patches
Accounting and Reporting20%- Accounting generation and posting
  • 1. Review and finalize accounting entries
  • 2. Create accounting process
- Reporting tools and outputs
  • 1. Use OTBI and Financial Reporting Studio
  • 2. Design custom financial reports
- Financial reporting structures
  • 1. Financial reporting hierarchies
  • 2. Ledger and chart of accounts setup
Subledger Accounting Configuration30%- Event model and accounting events
  • 1. Event accounting definitions
  • 2. Event classes and types
- Accounting transformations and mappings
  • 1. Source and target value mappings
  • 2. Conversion formulas and conditions
- Accounting methods and rules setup
  • 1. Description and line entry rules
  • 2. Account derivation rules
  • 3. Journal line definitions
Accounting Hub Overview and Architecture15%- Common Fusion Cloud Application capabilities
  • 1. Users and role-based access control
  • 2. Security Console features
  • 3. Functional Setup Manager components
- Accounting Hub architecture and core components
  • 1. Data flow and transformation logic
  • 2. Integration framework overview
Source System Integration and Data Management25%- Source system registration and configuration
  • 1. Register external source systems
  • 2. Define source system parameters
- Data mapping and transformation
  • 1. Data enrichment and derivation
  • 2. Source to accounting attribute mapping
- Data upload and validation
  • 1. Transaction data file formats
  • 2. Error handling and correction
  • 3. Data import and validation processes

Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

Question #1

Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they process their transactions in a source system. You have been appointed as a consultant to implement Accounting Hub Cloud and standardize their accounting process. You decide to register their source system as a single application in Accounting Hub Cloud. Your customer wants to know the changes that are allowed after registering a source system.
Which THREE actions can be performed after registering a source system?

  • A. Add new event classes through the user interface
  • B. Revise source names and add more sources through the user interface
  • C. Assign a named segment from the chart of accounts to the sources that correspond to the accounting flexfield identifiers
  • D. Modify the subledger application name as long as there are no pending accounting entries
  • E. Assign and update value set and lookup type assignments to sources
Reveal Solution  Discussion  0

Correct Answer: A,B,E  🗳️

Question #2

Challenge 3: Manage User Define Formulas
TASK
Create User Defined Formula for Admin Charges
Subledger Application: AHC Billing
Process Category: AHC Billing
Event Class: AHC Billing
Event Type: Customer Billing, Customer Pay In, Customer Refund, Customer Settlement

Reveal Solution  Discussion  0

Correct Answer:

See the Explanation below for all the solution.
Explanation:
Step-by-Step Guide to Create a User Defined Formula for Admin Charges in Oracle Fusion Step 1: Navigate to Manage User Defined Formulas
* Log into Oracle Fusion with privileges to configure Subledger Accounting.
* Go toSetup and Maintenance.
* In theFunctional Setup Manager (FSM), navigate to:
* Financials
* Subledger Accounting
* Manage User Defined Formulas.
Step 2: Create a New User Defined Formula
* ClickCreateto define a new formula.
* Enter the following details:
* Name: Admin Charges Formula
* Subledger Application: AHC Billing
* Process Category: AHC Billing
* Event Class: AHC Billing
* Event Type: Customer Billing, Customer Pay In, Customer Refund, Customer Settlement
* Data Type:Number
* Description: Formula to calculate admin charges for billing events.
* ClickSave, then proceed to define the logic.
Step 3: Define the Formula Logic
Example Formula for Admin Charges:
AssumeAdmin Chargesare calculated as5% of Transaction Amount, with aminimum charge of $10.
* Enter the formula using Oracle's formula syntax:
CASE
WHEN {Transaction Amount} * 0.05 >= 10 THEN {Transaction Amount} * 0.05 ELSE 10 END
* ClickValidateto check for errors.
Step 4: Assign the Formula to the Required Accounting Rules
* Navigate toManage Account Rules.
* Find theAdmin Charges Account Rule(or create one if needed).
* In theCondition Definition, selectUser Defined Formulaas the Source.
* ChooseAdmin Charges Formulaas the value.
* ClickSave and Close.
Step 5: Validate and Deploy the Formula
* ClickValidateto ensure correctness.
* Deploy the formula by submitting the changes.
* Attach the formula to relevantJournal Entry Rule Sets(if applicable).
Step 6: Test the User Defined Formula
* Navigate toSubledger Accounting > Accounting Entries.
* Generate accounting for different test transactions:
* Example 1: IfTransaction Amount = $500, Admin Charges =$25(5% of 500).
* Example 2: IfTransaction Amount = $100, Admin Charges =$10(since 5% of 100 = $5, but the minimum is $10).
* Verify that theAdmin Chargesare correctly derived in accounting entries.

Question #3

Which transaction source is used to link transaction header and line information?

  • A. Transaction Type
  • B. Transaction Date
  • C. Transaction Key
  • D. Transaction Number
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

The Unified Migration option helps move functional setup data from one instance to another.
Which TWO statements are true about Unified Migration?

  • A. You can optionally migrate only the new changes if both environments are synchronized
  • B. There is no need to import the migration set into a sandbox instance before it is applied to the target environment
  • C. You need to manually download the configuration set from the source and manually upload it into the target
  • D. The Unified Migration option requires registration of the target environment in the source environment
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

Question #5

While creating an accounting method, you are unable to select a journal entry rule set for a combination of event class and event type.
What could be the reason for this issue?

  • A. Supporting references assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
  • B. Journal line rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
  • C. Description rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
  • D. The accounting method is either not attached to any chart of accounts or is attached to another chart of accounts than the journal entry rule set
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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