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: Sep 13, 2026
  • Q & A: 62 Questions and Answers

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Oracle 1Z0-1060-21 Exam Syllabus Topics:

SectionWeightObjectives
Configure Accounting Rules20%
Upload Transaction Data and Adjust Journal Entries10%
Analyze Transaction Type Life Cycle15%
Modeling Considerations10%
Reporting, Auditing and Diagnostics10%
Register and Update Source Systems15%
Analyze Accounting, Reporting, Audit and Reconciliation Requirements20%

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

Question #1

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. Build a new data warehouse solution.
  • B. Build a custom Oracle Transactional Business Intelligence report on subledger accounting subject areas.
  • C. Request support team to download subledger Journal entry data.
  • D. Run predefined reports and filter the report with the available report parameters.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #2

What is the duty role that needs to be assigned for authorizing accounting processing in Accounting Hub Cloud?

  • A. Accounting Hub Create and Post Journal Entry Duty Role
  • B. Accounting Hub Import Duty Role
  • C. Accounting HubIntegration Duty Role
  • D. Accounting Hub Create Accounting Duty Role
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #3

How do you enable diagnostics on subledger transaction sources?

  • A. enable diagnostic source
  • B. enable diagnostic profile
  • C. enable transaction debug
  • D. enable diagnostic attribute
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #4

Which two options allow validating input values on mapping sets?

  • A. Value sets
  • B. Chart of accounts segment
  • C. Lookup types
  • D. Segment values
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

Question #5

Given the subledger journal entry:

Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?

  • A. It appears correct.
  • B. It is not balanced by entered amounts.
  • C. It is not balanced by entered currency.
  • D. It is notbalanced by balancing segment.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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