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Oracle 1z0-1060-25 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Which TWO options can you use for reconciling subledger journal entries with the source system?

A) Tag supporting references with Journal Line Rules
B) Submit the Subledger Accounting Diagnostics report
C) Submit Period Close Exception Report
D) Submit the Subledger Accounting Diagnostics report

2. The Insurance for Homes company provides home insurance services in the USA, the UK, France, and Italy.
It is headquartered in the USA. The entities in the UK, France, and Italy are subsidiaries of the USA entity.
The company decides to configure four primary ledgers, one each for the USA, the UK, France, and Italy. It also plans to configure three secondary ledgers under the UK, France, and Italy primary ledgers.
Which TWO statements are true about setting up secondary ledgers?

A) A chart of accounts mapping is only required if a secondary ledger has a different chart of accounts than its primary ledger
B) A chart of accounts mapping is always required between the chart of accounts of the primary ledger and the secondary ledger
C) Conversion levels available for a secondary ledger are Balance, Journal, Adjustment only, andSubledger
D) Conversion levels available for a secondary ledger are Balance, Journal, and Subledger only

3. Your company is part of the financial services industry and manages various types of transactions, such as Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep, in their source system. While analyzing the source transaction system, you are asked to propose an event model based on the activities performed by the company.
Based on your analysis, what should the Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep transactions be defined as while registering the source system?

A) Event classes
B) Source systems
C) Event types
D) Journal sources

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) Transaction Number
B) Transaction Type
C) Document Sequence Number
D) Document Key

5. Which predefined role allows a user to manage the period close activities in the General Ledger (GL) application?

A) General Accounting Manager
B) General Accountant
C) Chief Financial Officer (CFO)
D) Financial Analyst

Solutions: