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Oracle 1z0-1060-25 Exam Syllabus Topics:

Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Your client, a banking organization, is currently using different transaction systems to take care of various 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.
Now the customer has asked you to add another transaction type called Loan Interest Accrual Reversal.
What should be your response to the customer?

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

2. 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 their source transaction system, you are asked to propose an event model, based on the activities performed by the company.
According to 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) Event types
C) Source systems
D) Journal sources

3. Your customer has four external systems to manage their home loan, auto loan, consumer loan, and personal loan businesses. They have decided to implement Accounting Hub to import the transactional data for generating journal entries from these source systems. While evaluating different possibilities, they ask you to provide your suggestion on sharing accounting rules for these external systems.
Which implementation setup allows the sharing of accounting rules for all four external systems?

A) One subledger for all four source systems
B) Three subledgers, one for home loan and auto loan, the second for consumer loan, and the third for personal loan
C) Four subledgers, one for each source system
D) Two subledgers, one for home loan and auto loan and another for consumer loan and personal loan

4. Your client decides to:
* Configure a primary ledger for local statutory reporting requirements and a secondary ledger to manage alternative accounting requirements.
* Use Financial Reporting Studio to manage the financial reports that leverage the cube connections.
They are seeking your advice to understand the cubes that the system creates to store the balances for these two ledgers.
Based on which unique combination of ledger components are the cube connections generated?

A) Chart of Account and Convention
B) Chart of Accounts and Calendar
C) Chart of Account and Currency
D) Calendar and Currency
E) Convention and Currency

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

Solutions: