- Exam Code: 1z0-1060-25
- Exam Name: Oracle Accounting Hub Cloud 2025Implementation Professional
- Updated: Jun 03, 2026
- Q & A: 84 Questions and Answers
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1. Your client, a banking organization, currently uses different transaction systems for various types of loans, including vehicle loans, personal loans, education loans, and housing loans. The client has already implemented other subledger applications including payable, assets, and expenses.
You have been hired as a consultant to help them implement the Accounting Hub solution for streamlining the accounting entries from the source system. One of their requirements is to track the overall loan amount disbursed by each loan officer. You decide to use the supporting references functionality to achieve this requirement. However, when you try to define the loan officer as a supporting reference, the add option is disabled.
What could be the reason for this issue?
A) Supporting reference tracking was not enabled while registering the source system
B) Supporting references can be used only with predefined applications, such as payable, assets, and expenses
C) Thirty supporting references with balances have already been defined, so a new supporting reference cannot be added
D) Subledger application name was not selected as a scope before defining the supporting reference
2. To create journal entries, the Create Accounting process takes source data used in accounting rules from tables or views.
What are the tables or views called?
A) Mapping sets
B) Source objects
C) Transaction objects
D) Event entities
3. Your client has a requirement to report directly from the transactional tables and return the results in real- time, in turn eliminating the need for a data warehouse.
Which tool would you suggest to your client for this purpose?
A) Smart View
B) Oracle Transactional Business Intelligence
C) Financial Reporting Studio
D) Account Group
4. Your client decides to implement Accounting Hub along with other Oracle-owned subledgers. They want to know about the predefined accounting methods that Oracle provides.
Which of the following THREE are predefined accounting methods?
A) Standard Accrual
B) Standard Accrual for USA
C) Standard Accrual for China
D) Standard Accrual with Encumbrances
E) Standard Accrual for Japan
5. Your customer wants to monitor the balances of their key General Ledger (GL) accounts on a regular basis and asks your advice on the best reporting option.
Which reporting tool would you suggest?
A) Smart View
B) Oracle Transactional Business Intelligence
C) Account Groups and Sunburst
D) Financial Reporting Studio
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: A,C,D | Question # 5 Answer: C |
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