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Exam Code: 1z0-1060-25
Exam Name: Oracle Accounting Hub Cloud 2025Implementation Professional
Updated: Jun 02, 2026
Q & A: 84 Questions and Answers
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1. Your customer wants to be alerted to changes in the balances of their key General Ledger accounts on a regular basis and asks your advice on the best reporting option.
Which reporting tool would you suggest?
A) Smart View
B) Financial Reporting Studio
C) Account Groups and Sunburst
D) Oracle Transactional Business Intelligence
2. Which FOUR actions can you perform with the help of the Security Console?
A) Manage Automatic Data Provisioning
B) Manage Data Access for Users
C) Manage User Name Generation Rules and Password Policies
D) Create Roles
E) Manage Password of other Users
F) Compare Roles
3. Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they are processing transactions in a source system, and you have been appointed as a consultant to implement Oracle Cloud Accounting Hub to standardize the accounting process. You have decided to register the source system as a single application in Accounting Hub.
How many event classes will be generated by the system while registering the source system?
A) Four
B) Three
C) Two
D) One
4. 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 Trucks" 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. "New Trucks" and "Fix Trucks" are located in the same country and share a chart of accounts and accounting conventions.
How many ledgers are required to be set up?
A) One primary, one secondary ledger
B) Two primary ledgers
C) One primary, one reporting currency ledger
D) One primary ledger
5. Your client deals in Banking, Insurance, and Stock Trading. They have separate transaction systems to process their transactions. You have been appointed as a consultant to implement Accounting Hub Cloud to streamline and standardize the accounting process for each of the source systems.
The client wants to generate the following accounting entries:
* Banking-related transactions on a daily basis
* Stock trading transactions on alternate days
* Insurance transactions on a weekly basis
Considering the nature of business, frequency of generating accounting entries, and the load on the system, how many source systems would you suggest?
A) Four
B) Three
C) Two
D) One
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C,D,E,F | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: B |
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