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Oracle 1Z0-1060-21 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Accounting Hub Cloud 2021 Implementation Essentials |
| Exam Number: | 1Z0-1060-21 |
| Exam Duration: | 90 minutes |
| Exam Price: | $245 USD (may vary by region) |
| Real Exam Qty: | 50-60 (typical Oracle format, exact number not officially fixed) |
| Related Certifications: | Oracle Financials Cloud Certifications Oracle Cloud Applications Certifications |
| Passing Score: | Approximately 68% (Oracle standard scaled score, may vary) |
| Certificate Validity Period: | 18-24 months or subject to Oracle certification policy updates |
| Available Languages: | English |
| Exam Format: | Multiple Choice, Multiple Response |
| Recommended Training: | Oracle Learning Subscription Oracle Accounting Hub Cloud Training |
| Exam Registration: | Oracle Certification Registration Pearson VUE Oracle Exams |
| Sample Questions: | Oracle 1Z0-1060-21 Sample Questions |
| Exam Way: | Online proctored or test center (Pearson VUE) |
| Pre Condition: | No mandatory prerequisites, but familiarity with Oracle Financials Cloud and accounting concepts is recommended |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z0-1060-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reporting and Reconciliation | - Reconciliation processes - Financial reporting outputs |
| Source Systems Integration | - Data ingestion and transformation - Integrating external source systems |
| Accounting Hub Cloud Overview | - Key business benefits and use cases - Concepts and architecture of Accounting Hub Cloud |
| Accounting Hub Data Processing | - Import and validation of transactions - Event model and processing flow |
| Setup and Configuration | - Security and role configuration - Configuration of accounting methods - Implementation setup tasks |
| Subledger Accounting and Rules | - Journal generation process - Mapping sets and conditions - Accounting rules definition |
Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:
1. Which transaction source is used to link transaction header and line information?
A) Transaction Key
B) Transaction Date
C) Transaction Type
D) Transaction Number
2. Most of the accounting entries for transaction from the source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use the TAX_AMOUNT source.
At what level can you override the default accounting attribute assignment?
A) Journal Entry
B) Journal Entry Rule Set
C) Event Class
D) Event Type
E) Journal Line Rule
3. A financial analyst at your workplace would like to frequently view Journal entries report with all line details attributes with user's specific set of criteria and pivot table.
What is the solution to implement this requirement quickly?
A) Run predefined reports and filter the report with the available report parameters.
B) Build a new data warehouse solution.
C) Build a custom Oracle Transactional Business Intelligence report on subledger accounting subject areas.
D) Request support team to download subledger Journal entry data.
4. Which three duty roles are required to perform Accounting Hub setup tasks?
A) Accounting Hub Administration
B) Application Implementation Consultant
C) Accounting Hub Maintenance
D) Accounting Hub Integration
E) Subledger Accounting Manager
5. What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?
A) transfer Balances to FAH Reporting Cloud Service
B) upload transaction data into FAH Reporting Cloud Service
C) provide real-time visibility to financial reports inFAH Reporting Cloud Service
D) synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: E | Question # 3 Answer: C | Question # 4 Answer: A,B,D | Question # 5 Answer: D |
By Renee
