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Oracle 1z0-1060-25 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Your client has operations in the US and the UK, and they currently use a third-party billing system to process their transactions, such as Complete an Invoice, Record a Payment, Record Late Charges, and Recognize Revenue. As part of the Accounting Hub implementation, you have been asked to register the billing source system.
While registering the source system using the spreadsheet template, which TWO could be flagged as errors by the validation check process?

A) You cannot add more than 10 sources when the Journal Display column is enabled
B) You cannot add more than 30 sources when the Journal Display column is enabled
C) The event type name cannot exceed 25 characters
D) The event type name cannot exceed 30 characters

2. Which two actions can you accomplish for a registered source system?

A) Modify the subledger application name as long as there are no pending accounting entries
B) Revise source Information through the user interface and add more sources
C) Add new event classes through the user interface
D) Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet

3. The company 'Insurance for Homes' provides home insurance services. It has an in-house system that processes home insurance payments received from customers. The end result of the process consists of a list of individual journal entries in a spreadsheet. The company wants to get all journal entries in a secure and auditable repository. Access will be limited to a select few staff members. Additionally, these staff members will need to be able to report and view the entries using an advanced reporting and analytical tool for slicing and dicing the journal entries.
Insurance premium is to be recognized as income across the coverage period of the insurance policy.
Which types of journal lines need to be set up to generate recurring journal entries for insurance premium in each accounting period?

A) Reversal and Recognition
B) Deferral and Recognition
C) Multiperiod and Recognition

4. Which two options can you use to reconcile subledger journal entries with the source system?

A) Submit the Period Close Exception Report
B) Submit the Subledger Accounting Diagnostics report
C) Tag supporting references with Journal Line Rules
D) Create and submit the Oracle Transactional BI Report to review supporting reference balances.

5. Your client has decided to implement Accounting Hub along with other Oracle-owned subledgers. They want to know about the predefined accounting methods that Oracle provides.
Which three are the predefined accounting methods?

A) Standard Accrual with Encumbrances
B) Standard Accrual for China
C) Standard Accrual for Japan
D) Standard Accrual
E) Standard Accrual for USA

Solutions: