Oracle 1Z1-1060 valid exam dumps : Oracle Accounting Hub Cloud 2019 Implementation Essentials

  • Exam Code: 1Z1-1060
  • Exam Name: Oracle Accounting Hub Cloud 2019 Implementation Essentials
  • Updated: Oct 21, 2026
  • Q&As: 60 Questions and Answers

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About Oracle 1Z1-1060 Valid Exam Braindumps

Not sure whether our 1Z1-1060 practice test suits your study style? Download the free PDF demo from ValidDumps and review a sample of the Oracle Accounting Hub Cloud 2019 Implementation Essentials questions before you spend anything.

Oracle 1Z1-1060 Exam Syllabus Topics:

SectionObjectives
Reporting and Audit- Audit and compliance considerations
- Reporting using OTBI and BI Publisher
Core Concepts and Features- Accounting Hub Cloud architecture and integration
- Transaction types and event classes
Configuration and Setup- Accounting rule configuration
- Security and access control
- Source system registration and setup
Accounting Processes- Supporting references and account derivation
- Accounting transformation and journal generation
- Diagnostics and reconciliation

1Z1-1060 Exam FAQ: What Candidates Ask Most

The Oracle 1Z1-1060 exam, officially titled Oracle Accounting Hub Cloud 2019 Implementation Essentials, is the required test for earning the Oracle Financials Cloud certification, a credential at the Implementation Specialist / Associate level. Passing it validates the skills Oracle expects from certified professionals, and it can also support progress toward related credentials such as Oracle Accounting Hub Cloud Certified Implementation Specialist, Oracle Financials Cloud: General Ledger 2018 Implementation Essentials, Oracle Financials Cloud: Receivables 2019 Implementation Essentials.

The 1Z1-1060 exam includes 60 questions, and you have 90 minutes to complete it. Before exam day, divide the available time by the question count so you know the pace you need to hold, and practice flagging time-consuming items for review instead of stalling on a single question. Timed sessions in the ValidDumps test engine are the easiest way to build that rhythm before it counts.

You need Not publicly disclosed to pass the 1Z1-1060 exam, and the official registration fee is USD price varies by region (typically around $245). Keep in mind that a failed attempt means paying that fee in full again for a retake, so avoid booking your seat on a hunch. Work through the ValidDumps practice test until your scores sit comfortably above the passing requirement before you schedule the exam.

Oracle asks candidates to meet the following requirement before registering: None officially specified; recommended understanding of Oracle Financials Cloud or Accounting Hub Cloud. Exam policies do change, so confirm the latest details on the official exam page at https://education.oracle.com/oracle-accounting-hub-cloud-2019-implementation-essentials/pexam_1Z0-1060 before you book.

Yes. ValidDumps offers a free PDF demo of the Oracle Accounting Hub Cloud 2019 Implementation Essentials practice questions, so you can judge the quality and format before purchasing. After you buy, your purchase includes 365 days of free updates; if the product expires after that period, you can extend the update service at a 50% discount from your member zone.

Every ValidDumps order is covered by a 100% Money Back Guarantee. If you take the corresponding 1Z1-1060 exam within 60 days of purchase and do not pass, send a scan of your exam enrollment slip together with your official Score Report PDF within two days of the exam date, and your claim will be processed within seven days. The candidate name must match the payer name, and the guarantee does not apply if you take the exam within three days of purchase, if you downloaded the product but never took the exam, or to free materials and expired orders. If you would rather have fresh material than a refund, you can exchange your purchase for two additional exam products of equal value at no cost and keep the update service on your original product. Delivery itself is instant: your download is available right after payment and a copy is emailed to you within one minute — if nothing arrives within two hours, contact our support team. You may install the software on as many computers as you need.

The Oracle Accounting Hub Cloud 2019 Implementation Essentials exam is organized into 4 major domains. Some of the key domains include:

  • Accounting Processes
  • Reporting and Audit
  • Core Concepts and Features

Scroll up to the Exam Topics section for the complete breakdown, and use it to plan how much study time each domain deserves.

Oracle Accounting Hub Cloud 2019 Implementation Essentials Sample Questions:

Question #1

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. Submit the Accounting Event Diagnostics process.
  • B. Run the Accounting Events Diagnostic Report.
  • C. Run Create Accounting again to generate journal entries for the events that ended in error.
  • D. Set the "SLA: Diagnostics Enabled" profile option.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #2

Given the business use case:
'New Trucks' runs a fleet of trucks in a rental business In the U.S. The majority of the trucks are owned; however, in some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company
'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
How do you calculate discounts for use in the accounting rule?

  • A. Use analytical calculations
  • B. Use mapping set rules
  • C. Use custom formulas
  • D. Use flexfield
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #3

'Insurances for Homes' company provide home insurance service. They have in house built system that processes home insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, be able to report and view the entries using an advanced reporting and analytical tools for slicing and dicing the Journal entries.
Insurance premium is to be recognized as income across the-coverage period of the insurance policy. How do you link the two journal lines in the recurring journal entries cases, so that these two journal lines are identified by the accounting process to create recurring Journal entries?

  • A. Recognition Journal class
  • B. Recurring Journal class
  • C. Multiperiod class
  • D. Accounting class
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #4

You need to build a complex account rule. Which four value types can you use in your definition?

  • A. Mapping Set
  • B. Constant
  • C. Value Set
  • D. Account Combination
  • E. Source
  • F. Existing Account Rule
Reveal Solution  Discussion  0

Correct Answer: B,C,E,F  🗳️

Question #5

A customer has four external systems: Consumer Loan, Auto Loan, Home Loan and Insurance. Functional users are allowed to process and view transactions and accounting for all these systems.
Which two implementations allow similar accounting rules to be shared?

  • A. One subledger for the 3 Loan systems and one subledger for Insurance.
  • B. One subledger for all 4 source systems.
  • C. One subledger for each source system.
  • D. One subledger for Consumer Loan and Auto Loan, and one subledger for Home Loan and Insurance.
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

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