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Exam Code: 1z0-1060-25
Exam Name: Oracle Accounting Hub Cloud 2025Implementation Professional
Updated: Jun 12, 2026
Q & A: 84 Questions and Answers
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1. Which three duty roles are required to perform Accounting Hub setup tasks?
A) Subledger Accounting Manager
B) Accounting Hub Administration
C) Accounting Hub Integration
D) Accounting Hub Maintenance
E) Application Implementation Consultant
2. Challenge 3: Manage User Define Formulas
TASK
Create User Defined Formula for Admin Charges
Subledger Application: AHC Billing
Process Category: AHC Billing
Event Class: AHC Billing
Event Type: Customer Billing, Customer Pay In, Customer Refund, Customer Settlement
3. Your company is part of the financial services industry and manages various types of transactions, such as Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep, in their source system. While analyzing the source transaction system, you are asked to propose an event model based on the activities performed by the company.
Based on your analysis, what should the Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep transactions be defined as while registering the source system?
A) Journal sources
B) Event classes
C) Event types
D) Source systems
4. Your client has operations in both the US and the UK. They currently use a third-party billing system to process transactions, such as Complete an Invoice, Record a Payment, Record Late Charges, and Recognize Revenue. You are part of the implementation team for the Accounting Hub solution. Your client wants to retrieve chart of accounts values for the line of business segment based on customer classification.
You decide to use the mapping sets functionality to fulfill this requirement.
Which THREE statements are true about using mapping sets?
A) You can define a default output value to use when actual input values do not match the mappings
B) Mapping sets are unique to each sub-ledger application, in order to know which input sources to make available.
C) The mappings can be entered only by using the user interface
D) One mapping set can be used for only one account rule at a time
E) You can use up to 10 transaction or reference attributes as input in a mapping
5. 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 for USA
B) Standard Accrual with Encumbrances
C) Standard Accrual
D) Standard Accrual for China
E) Standard Accrual for Japan
Solutions:
| Question # 1 Answer: A,C,E | Question # 2 Answer: Only visible for members | Question # 3 Answer: C | Question # 4 Answer: A,B,E | Question # 5 Answer: B,C,E |
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