] 1Z0-1060-21 Learning Materials: Oracle Accounting Hub Cloud 2021 Implementation Essentials - 1Z0-1060-21 Actual Lab Questions

Oracle Accounting Hub Cloud 2021 Implementation Essentials : 1Z0-1060-21

  • Exam Code: 1Z0-1060-21
  • Exam Name: Oracle Accounting Hub Cloud 2021 Implementation Essentials
  • Updated: Aug 04, 2026
  • Q & A: 62 Questions and Answers

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Oracle 1Z0-1060-21 Exam Syllabus Topics:

SectionObjectives
Setup and Configuration- Implementation setup tasks
- Security and role configuration
- Configuration of accounting methods
Source Systems Integration- Data ingestion and transformation
- Integrating external source systems
Accounting Hub Data Processing- Event model and processing flow
- Import and validation of transactions
Accounting Hub Cloud Overview- Concepts and architecture of Accounting Hub Cloud
- Key business benefits and use cases
Reporting and Reconciliation- Financial reporting outputs
- Reconciliation processes
Subledger Accounting and Rules- Journal generation process
- Accounting rules definition
- Mapping sets and conditions

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. What is a user job role data context assignment?

A) Duty role context assignment to a user
B) Security data role context assignment to auser job role
C) Security data access context assignment to a user job role
D) Security privileges assignment to a user job role


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

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


3. A customer has a business requirement to provide additional information about subledger Journals that cannot be found in a predefined report.
How can you meet this requirement?

A) Build an OTBI analysis that includes a relevant subject area.
B) Create a Smart View report using the query designer feature.
C) Build a Financial Reporting Studio report that includes all dimensions.
D) Use either Account Monitor or Account Inspector to getrequired Information.


4. In the process of analyzing data from a source system you find that there are no reliable amounts that canbe used to build a subledger journal entry.
How can you resolve this challenge?

A) Use a custom formula in an account rule to derive amounts.
B) Use a custom formula in a journal line rule to derive amounts.
C) Use a custom formula in a supporting reference to derive amounts.
D) Use a custom formula in a description rule to derive amounts.


5. While creating a journal entry rule set you are NOT able to use an account rule that was createdrecently.
Which two reasons can explain this?

A) The account rule is defined with a different chart of accounts from the journal entry rule set.
B) The account rule does not return any valid account value.
C) The account rule is defined with conditions that are not allowing the assignment.
D) The account rule is using sources that have not been assigned to the same event class that is associated to the journal entry rule set.


Solutions:

Question # 1
Answer: C
Question # 2
Answer: A,B
Question # 3
Answer: A
Question # 4
Answer: B
Question # 5
Answer: A,D

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