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Oracle 1Z0-1060-21

1Z0-1060-21

Exam Code: 1Z0-1060-21

Exam Name: Oracle Accounting Hub Cloud 2021 Implementation Essentials

Updated: Jul 26, 2026

Q&A Number: 62 Q&As

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Oracle 1Z0-1060-21 Exam Syllabus Topics:

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

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. What is theterminology that is used to refer to the number of transactions processed by Create Accounting in one commit cycle?

A) Processing Unit Size
B) Buffer Unit Size
C) Accounting Unit Commit Size
D) Virtual Machine Processing Size


2. After registering a new source system into Accounting Hub and going live for a short period, your customer identified the need to add additional transaction sources. What should you do?

A) Tell them thiscannot be implemented.
B) Add new transaction sources in the current source system registration spreadsheet and re-upload the spreadsheet file.
C) Add new transaction sources from the user interface.
D) Register another source system that includes these new transaction sources.


3. You have created a description rule. When you try to select this description rule to be displayed as a header description rule in a journal entry rule set, you are not able to find this rule in the list of values.
What is the possible reason for NOT finding the rule?

A) The rule is built using a value set source.
B) The rule is built using a custom source.
C) The rule is built using a line level source.
D) The source does not return any value; therefore the rule is not displayed.


4. How many transaction eventclasses can be set up for a subledger uploaded to Accounting Hub Cloud?

A) Two
B) Three
C) Unlimited
D) One


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.


Solutions:

Question # 1
Answer: A
Question # 2
Answer: C
Question # 3
Answer: C
Question # 4
Answer: D
Question # 5
Answer: D

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