Oracle 1Z0-1060

Certification exams change, and outdated study material can quietly sabotage your score. Dumpkiller keeps its 1Z0-1060 practice questions aligned with the current Oracle Accounting Hub Cloud 2019 Implementation Essentials exam, with free updates for 365 days through 2026 and beyond.

Oracle 1Z0-1060 Exam Overview:

Oracle 1Z0-1060 Exam Syllabus Topics:

What Candidates Ask About the Oracle 1Z0-1060 Exam

Can you give me an overview of the 1Z0-1060 exam?

The Oracle Accounting Hub Cloud 2019 Implementation Essentials exam (code: 1Z0-1060) is the official Oracle exam that leads to the Oracle Accounting Hub Cloud certification. It sits at the Professional level of the Oracle certification track. It is also connected with related credentials such as Oracle Financials Cloud, Oracle ERP Cloud Financials, Oracle Cloud Applications Implementation Specialist. Passing it proves to employers that your skills have been validated by Oracle itself, which is why the 1Z0-1060 credential keeps showing up in job postings.

Are there any prerequisites for the 1Z0-1060 exam?

According to Oracle, the following applies: Recommended knowledge of Oracle Financials Cloud and basic accounting principles.. Certification policies do change from time to time, so confirm the latest requirements on the official exam page at https://education.oracle.com before you register.

How do I register for the 1Z0-1060 exam?

You can book your Oracle Accounting Hub Cloud 2019 Implementation Essentials exam through the official channels below:

• Oracle Certification Registration

Depending on availability in your region, the exam is delivered as Online proctored exam via Oracle Testing Center or authorized provider.

What official training does Oracle recommend for the 1Z0-1060 exam?

Oracle lists the following training options for Oracle Accounting Hub Cloud 2019 Implementation Essentials candidates:

• Oracle University Training - Accounting Hub Cloud

Official courses build a solid foundation, and pairing them with the 60 practice questions from Dumpkiller shows you how ready you really are before you spend money on the exam itself.

Can I try the 1Z0-1060 practice questions before buying?

Yes. Dumpkiller offers a free 1Z0-1060 PDF demo so you can review the question style, difficulty, and explanations before committing to anything. After purchase, your Oracle Accounting Hub Cloud 2019 Implementation Essentials material includes 365 days of free updates, and if your product expires after that, you can extend the update service at a 50% discount from your member zone.

What happens if I do not pass the 1Z0-1060 exam, and how is my order delivered?

If you take the corresponding 1Z0-1060 exam within 60 days of your purchase and do not pass, you can apply for a full refund under our 100% Money Back Guarantee, subject to a few conditions: the failed exam must be the one matching your purchase; sitting the exam within 3 days of purchase does not qualify, since that leaves too little preparation time; downloading the material without actually taking the exam does not qualify; free materials and expired orders are excluded; and the candidate name must match the payer name. To apply, send a scanned copy of your enrollment slip together with your official Score Report (PDF) within 2 days after the exam, and claims are processed within 7 days. If you would rather not take a refund, you can exchange your purchase for two free products of equal value while keeping the update service on the product you originally bought. As for delivery, everything is an instant download: your products are sent to your email within one minute of payment — contact customer service if nothing arrives within 2 hours — and there is no limit on the number of computers you can install the software on.

What topics are covered in the 1Z0-1060 exam?

The official Oracle Accounting Hub Cloud 2019 Implementation Essentials syllabus is organized into 6 main domains. The first three are Subledger Accounting and Rules, Reporting and Reconciliation, and Configuration and Setup. For the full domain-by-domain breakdown, see the complete Exam Topics outline above.

Oracle Accounting Hub Cloud 2019 Implementation Essentials Sample Questions:

Question #1

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 can the automatic recognition of insurance income be implemented in Accounting Hub Cloud?

A. Create an adjustment journal entry.
B. Set up multiperiod accounting journal lines.
C. Set up automatic Journal line reversal.
D. Set up a transaction line reversal.

Question #2

How do you enable diagnostics on subledger transaction sources?

A. enable diagnostic profile
B. enable diagnostic source
C. enable transaction debug
D. enable diagnostic attribute

Question #3

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. 'New Trucks' and' Fix Trucks' are located in the same country and share chart-of accounts and accounting conventions.
How many ledgers are required to be set up?

A. One primary, one repotting currency ledger
B. One primary, one secondary ledger
C. One primary ledger
D. Two primary ledgers

Question #4

Most of the accounting entries for transaction from the source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use the TAX_AMOUNT source.
At what level can you override the default accounting attribute assignment?

A. Event Type
B. Event Class
C. Journal Entry
D. Journal Entry Rule Set
E. Journal Line Rule

Question #5

What kind of sequence can be assigned to subledger journal entries at the time that the journal entries are created in final mode?

A. Accounting Sequence
B. Reporting Sequence
C. Journal Entry Sequence
D. Document Sequence

Solutions: