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Oracle 1z0-1060-24 : Oracle Accounting Hub Cloud 2024 Implementation Professional
Exam Code: 1z0-1060-24
Exam Name: Oracle Accounting Hub Cloud 2024 Implementation Professional
Updated: Sep 20, 2026
Q & A: 82 Questions and Answers
1z0-1060-24 Free Demo download
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Oracle 1z0-1060-24 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Accounting Hub Cloud 2024 Implementation Professional |
| Exam Number: | 1Z0-1060-24 |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Related Certifications: | Oracle Financials Cloud Certifications |
| Exam Format: | Multiple Response, Multiple Choice |
| Recommended Training: | Oracle University Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: |  |
| Exam Way: | Online proctored exam |
| Pre Condition: | Recommended experience with Oracle Financials Cloud and accounting configuration concepts |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1z0-1060-24 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Oracle Accounting Hub Cloud Implementation | - Integration with Oracle Financials Cloud - Transaction Processing and Accounting Rules - Configuration and Setup - Reporting and Reconciliation |
Your Oracle Accounting Hub Cloud 2024 Implementation Professional Questions, Honestly Answered
Oracle specifies the following prerequisites for the Oracle Accounting Hub Cloud 2024 Implementation Professional: Recommended experience with Oracle Financials Cloud and accounting configuration concepts.
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The Oracle Accounting Hub Cloud 2024 Implementation Professional blueprint centers on these principal domains:
- Oracle Accounting Hub Cloud Implementation
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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions:
Question #1
Which two options can you use to reconcile subledger journal entries with the source system?
- A. Submit the Period Close Exception Report
- B. Tag supporting references with Journal Line Rules
- C. Submit the Subledger Accounting Diagnostics report
- D. Create and submit the Oracle Transactional BI Report to review supporting reference balances.
Correct Answer: A,C 🗳️
Question #2
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
Correct Answer: A,B,E 🗳️
Question #3
Your client, a banking organization, is currently using different transaction systems to take care of various types of loans, including vehicle loans, personal loans, education loans, and housing loans.
You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge Off as event types.
Now the customer has asked you to add another transaction type called Loan Interest Accrual Reversal.
What should be your response to the customer?
- A. Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template.
- B. A new transaction type cannot be added after the source system is registered.
- C. The source system should be registered again by including the Loan Interest Accrual Reversal event type.
- D. Loan Interest Accrual Reversal can be added as a new event type from the user interface.
Correct Answer: D 🗳️
Question #4
Apart from a mapping set-based account rule, which is the other way to retrieve segment values for journal entries?
- A. Define a lookup type rule with conditions
- B. Define an account rule with conditions
- C. Define a flexfield rule with conditions
- D. Define a chart of accounts rule with conditions
Correct Answer: B 🗳️
Question #5
You are explaining to an accountant that account override is an adjustment feature of subledger accounting.
Which two traits can help you explain this?
- A. It adjusts the original source transaction
- B. It is intended to correct only the subledger journals that have been posted
- C. It enables users to record a reason for the adjustment
- D. It provides an audit trail by preserving the original subledger journal entry
Correct Answer: C,D 🗳️
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