Oracle Accounting Hub Cloud 2021 Implementation Essentials : 1Z0-1060-21

1Z0-1060-21 real exams

Exam Code: 1Z0-1060-21

Exam Name: Oracle Accounting Hub Cloud 2021 Implementation Essentials

Updated: Jul 22, 2026

Q & A: 62 Questions and Answers

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Oracle 1Z0-1060-21 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Configure Accounting Rules20%
Topic 2: Register and Update Source Systems15%
Topic 3: Analyze Accounting, Reporting, Audit and Reconciliation Requirements20%
Topic 4: Upload Transaction Data and Adjust Journal Entries10%
Topic 5: Modeling Considerations10%
Topic 6: Analyze Transaction Type Life Cycle15%
Topic 7: Reporting, Auditing and Diagnostics10%

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. After supporting references balances setup component is tagged to subledger journal entries, what type of reports need to be created so that the information is available to users?

A) an Oracle Financial Reporting Studio report
B) a predefined Oracle Business Intelligence Publisher report
C) an Oracle Transactional Business Intelligence analysis
D) a Smart View Report


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

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


3. What are the tables or views from which the CreateAccounting process takes source data that is used in accounting rules to create journal entries referred to as?

A) Transaction objects
B) Event entities
C) Mapping sets
D) Source objects


4. 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 is notbalanced by balancing segment.
B) It is not balanced by entered amounts.
C) It is not balanced by entered currency.
D) It appears correct.


5. What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?

A) synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
B) upload transaction data into FAH Reporting Cloud Service
C) transfer Balances to FAH Reporting Cloud Service
D) provide real-time visibility to financial reports inFAH Reporting Cloud Service


Solutions:

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

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