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

  • Exam Code: 1Z0-1060-21
  • Exam Name: Oracle Accounting Hub Cloud 2021 Implementation Essentials
  • Updated: Aug 18, 2026
  • Q&As: 62 Questions and Answers

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Oracle 1Z0-1060-21 Exam Syllabus Topics:

SectionObjectives
Accounting Hub Data Processing- Event model and processing flow
- Import and validation of transactions
Subledger Accounting and Rules- Accounting rules definition
- Journal generation process
- Mapping sets and conditions
Reporting and Reconciliation- Financial reporting outputs
- Reconciliation processes
Setup and Configuration- Implementation setup tasks
- Configuration of accounting methods
- Security and role configuration
Source Systems Integration- Integrating external source systems
- Data ingestion and transformation
Accounting Hub Cloud Overview- Concepts and architecture of Accounting Hub Cloud
- Key business benefits and use cases

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. You are explaining to an accountant that account override is an adjustment featureof Subledger Accounting.
Which two traits can help you explain this feature?

A) The account override feature provides an audit trail by preserving the original subledger journal entry.
B) The account override feature is only intended to correct subledger journals that have been posted.
C) The account override feature adjusts the original source transaction.
D) The account override feature allows users to record a reason for the adjustment.


2. What is a user job role data context assignment?

A) Security privileges assignment to a user job role
B) Security data access context assignment to a user job role
C) Duty role context assignment to a user
D) Security data role context assignment to auser job role


3. What automation option is NOT available when uploading transaction data to Accounting Hub Cloud?

A) Oracle Web Center Content Client Command line tool
B) Oracle Virtual Web Center Services
C) ERP Integration Service
D) Oracle UCM Web Services


4. What is the duty role that needs to be assigned for authorizing accounting processing in Accounting Hub Cloud?

A) Accounting HubIntegration Duty Role
B) Accounting Hub Create and Post Journal Entry Duty Role
C) Accounting Hub Import Duty Role
D) Accounting Hub Create Accounting Duty Role


5. While creating a journal entry rule set you are NOT able to use an account rule that was createdrecently.
Which two reasons can explain this?

A) The account rule does not return any valid account value.
B) The account rule is defined with conditions that are not allowing the assignment.
C) The account rule is defined with a different chart of accounts from the journal entry rule set.
D) The account rule is using sources that have not been assigned to the same event class that is associated to the journal entry rule set.


Solutions:

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

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