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| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Accounting Hub Cloud 2024 Implementation Professional |
| Exam Number: | 1Z0-1060-24 |
| Available Languages: | English |
| Related Certifications: | Oracle Financials Cloud Certifications |
| Exam Duration: | 120 minutes |
| Exam Format: | Multiple Choice, Multiple Response |
| Recommended Training: | Oracle University Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: | ![]() |
| Exam Way: | Online proctored exam |
| Pre Condition: | Recommended experience with Oracle Financials Cloud and accounting configuration concepts |
| Official Syllabus URL: | https://education.oracle.com |
| Section | Objectives |
|---|---|
| Topic 1: Oracle Accounting Hub Cloud Implementation | - Configuration and Setup - Transaction Processing and Accounting Rules - Reporting and Reconciliation - Integration with Oracle Financials Cloud |
Oracle Accounting Hub Cloud 2024 Implementation Professional is an official Oracle exam, registered under exam code 1z0-1060-24. Passing it grants the Oracle Accounting Hub Cloud 2024 Implementation Professional certification, a credential at the Professional level. It also relates to Oracle Financials Cloud Certifications, giving it value beyond a single title. Qualifications remain the quickest standardized proof of professional skill, and this one carries the vendor's own authority behind it.
Recommended experience with Oracle Financials Cloud and accounting configuration concepts
Policies change, so confirm the current requirements before you register through the official exam page.
Oracle Accounting Hub Cloud 2024 Implementation Professional registration is available through the official channels listed below.
When scheduling, keep in mind the exam is delivered Online proctored exam.
Yes, Oracle recommends the following training for Oracle Accounting Hub Cloud 2024 Implementation Professional candidates.
Training supplies the knowledge; deliberate practice supplies the exam skill. The 82 practice questions in the ValidDumps 1z0-1060-24 package handle the second half.
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Question 1
You have recently created an analysis to review periodic revenue amounts using Smart View. Your customer wants to use the drill-through option to get more details about the balances appearing in the analysis.
Which two drill-through options are available for use?
A. Drill to Account Inspector
B. Drill to Detail Balances
C. Drill to Financial Reporting Center
D. Drill to Account Group
Question 2
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. Convention and Currency
B. Chart of Accounts and Calendar
C. Chart of Account and Currency
D. Calendar and Currency
E. Chart of Account and Convention
Question 3
Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they process their transactions in a source system. You have been appointed as a consultant to implement Accounting Hub Cloud and standardize their accounting process. You decide to register their source system as a single application in Accounting Hub Cloud. Your customer wants to know the changes that are allowed after registering a source system.
Which THREE actions can be performed after registering a source system?
A. Assign a named segment from the chart of accounts to the sources that correspond to the accounting flexfield identifiers
B. Assign and update value set and lookup type assignments to sources
C. Modify the subledger application name as long as there are no pending accounting entries
D. Add new event classes through the user interface
E. Revise source names and add more sources through the user interface
Question 4
Your client has decided to implement Accounting Hub along with other Oracle-owned subledgers. They want to know about the predefined accounting methods that Oracle provides.
Which three are the predefined accounting methods?
A. Standard Accrual
B. Standard Accrual for Japan
C. Standard Accrual for China
D. Standard Accrual with Encumbrances
E. Standard Accrual for USA
Question 5
While creating an accounting method, you are unable to select a journal entry rule set for a combination of event class and event type.
What could be the reason for this issue?
A. Journal line rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
B. The accounting method is either not attached to any chart of accounts or is attached to another chart of accounts than the journal entry rule set
C. Description rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
D. Supporting references assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
Solutions:
| Question 1 Answer: B,C | Question 2 Answer: B | Question 3 Answer: B,D,E | Question 4 Answer: A,B,D | Question 5 Answer: B |
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