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Oracle 1Z0-1060-21 : Oracle Accounting Hub Cloud 2021 Implementation Essentials
- Exam Code: 1Z0-1060-21
- Exam Name: Oracle Accounting Hub Cloud 2021 Implementation Essentials
- Updated: Aug 29, 2026 Q&As: 62 Questions and Answers
About Oracle 1Z0-1060-21 Exam
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Oracle 1Z0-1060-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Setup and Configuration | - Configuration of accounting methods - Implementation setup tasks - Security and role configuration |
| Topic 2: Reporting and Reconciliation | - Reconciliation processes - Financial reporting outputs |
| Topic 3: Accounting Hub Data Processing | - Event model and processing flow - Import and validation of transactions |
| Topic 4: Accounting Hub Cloud Overview | - Key business benefits and use cases - Concepts and architecture of Accounting Hub Cloud |
| Topic 5: Subledger Accounting and Rules | - Journal generation process - Accounting rules definition - Mapping sets and conditions |
| Topic 6: Source Systems Integration | - Data ingestion and transformation - Integrating external source systems |
Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:
Question 1
What is NOT included in the minimum required accountingattribute assignments?
A. Accounting Date
B. Distribution Type
C. First Distribution Identifier
D. Second Distribution Identifier
Question 2
Which is an alternate way to implement a mappingset rule?
A. Define a chart of account rule with conditions.
B. Define a flexfield rule with conditions.
C. Define an account rule with conditions.
D. Define a lookup type rule with conditions.
Question 3
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 a supporting reference to derive amounts.
B. Use a custom formula in a journal line rule to derive amounts.
C. Use a custom formula in a description rule to derive amounts.
D. Use a custom formula in an account rule to derive amounts.
Question 4
You have been assigned to troubleshoot a Create Accounting error.
What is the first step you need to take to use the diagnostics framework features?
A. Run Create Accounting again to generate journal entries for the events that ended in error.
B. Run the Accounting Events DiagnosticReport.
C. Submit the Accounting Event Diagnostics process.
D. Set the "SLA: Diagnostics Enabled" profile option.
Question 5
What attribute of a subledger journal entry is NOT transferred to GL?
A. Supporting references
B. Accounting class
C. Accounted amounts
D. Accounting lines
Solutions:
| Question 1 Answer: D | Question 2 Answer: C | Question 3 Answer: B | Question 4 Answer: D | Question 5 Answer: A |
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