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Oracle 1z0-1060-25 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Accounting and Reporting20%- Financial reporting structures
  • 1. Financial reporting hierarchies
  • 2. Ledger and chart of accounts setup
- Reporting tools and outputs
  • 1. Design custom financial reports
  • 2. Use OTBI and Financial Reporting Studio
- Accounting generation and posting
  • 1. Create accounting process
  • 2. Review and finalize accounting entries
Topic 2: Subledger Accounting Configuration30%- Accounting methods and rules setup
  • 1. Description and line entry rules
  • 2. Account derivation rules
  • 3. Journal line definitions
- Event model and accounting events
  • 1. Event accounting definitions
  • 2. Event classes and types
- Accounting transformations and mappings
  • 1. Conversion formulas and conditions
  • 2. Source and target value mappings
Topic 3: Implementation Best Practices and Maintenance10%- Maintenance and troubleshooting
  • 1. Monitor accounting processes
  • 2. Diagnose and resolve common issues
  • 3. Apply updates and patches
- Implementation methodology
  • 1. Plan and analyze requirements
  • 2. Deployment and go-live steps
  • 3. Configure and test phases
Topic 4: Source System Integration and Data Management25%- Data upload and validation
  • 1. Data import and validation processes
  • 2. Transaction data file formats
  • 3. Error handling and correction
- Data mapping and transformation
  • 1. Source to accounting attribute mapping
  • 2. Data enrichment and derivation
- Source system registration and configuration
  • 1. Register external source systems
  • 2. Define source system parameters
Topic 5: Accounting Hub Overview and Architecture15%- Common Fusion Cloud Application capabilities
  • 1. Security Console features
  • 2. Functional Setup Manager components
  • 3. Users and role-based access control
- Accounting Hub architecture and core components
  • 1. Data flow and transformation logic
  • 2. Integration framework overview

Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

Question 1

Your client, a banking organization, is currently using different transaction systems for different types of loans including vehicle loans, personal loans, education loans, and housing loans. You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge off as event types.
The customer now asks you to add another transaction type called Loan Interest Accrual Reversal.
What should be your response to the customer?

A. A new transaction type cannot be added after the source system is registered
B. Loan Interest Accrual Reversal can be added as a new event type from the user interface
C. Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template
D. The source system should be registered again by including the Loan Interest Accrual Reversal event type


Question 2

You recently created an analysis to review the periodic revenue amounts using Smart View. Your customer wants to use the drill-through option to get more details about the balances appearing in the analysis.
Which TWO drill-through options would meet the requirement?

A. Drill to Account Group
B. Drill to Account Inspector
C. Drill to Financial Reporting Center
D. Drill to Detail Balances


Question 3

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


Question 4

Your customer needs to generate journal entries for the insurance premium collected from the sale of policies.
The different components of the premium collected by the company include Basic Premium and Tax.
While uploading the transaction details containing both Basic Premium and Tax amounts, which transaction source would you use to link the transaction header and line information?

A. Document Key
B. Document Sequence Number
C. Transaction Type
D. Transaction Number


Question 5

You are trying to explain to an accountant that account override is an adjustment feature of Subledger Accounting.
Which TWO traits can help you further explain this feature?

A. It is intended to correct only the subledger journals that have been posted
B. It allows users to record a reason for the adjustment
C. It provides an audit trail by preserving the original subledger journal entry
D. It adjusts the original source transaction


Solutions:

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

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