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Oracle 1z0-1060-25 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Your customer wants to be alerted to changes in the balances of their key General Ledger accounts on a regular basis and asks your advice on the best reporting option.
Which reporting tool would you suggest?

A) Financial Reporting Studio
B) Oracle Transactional Business Intelligence
C) Account Groups and Sunburst
D) Smart View

2. 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) 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
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) 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
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

3. 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 30 characters
D) The event type name cannot exceed 25 characters

4. Your client has a requirement to report directly from the transactional tables and return the results in real- time, in turn eliminating the need for a data warehouse.
Which tool would you suggest to your client for this purpose?

A) Account Group
B) Financial Reporting Studio
C) Oracle Transactional Business Intelligence
D) Smart View

5. Given the business use case:
"New Trucks" runs a fleet of trucks in a rental business in the U.S. The majority of the trucks are owned; however, in some cases, "New Trucks" may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks" company has a subsidiary company "Fix Trucks" that maintains its own profit and loss entity. "New Trucks" and "Fix Trucks" are located in the same country and share a chart of accounts and accounting conventions.
How many ledgers are required to be set up?

A) One primary ledger
B) One primary, one secondary ledger
C) One primary, one reporting currency ledger
D) Two primary ledgers

Solutions: