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  • Exam Code: 1Z0-1060-21
  • Exam Name: Oracle Accounting Hub Cloud 2021 Implementation Essentials
  • Updated: Aug 19, 2026
  • Q & A: 62 Questions and Answers
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  • Exam Code: 1Z0-1060-21
  • Exam Name: Oracle Accounting Hub Cloud 2021 Implementation Essentials
  • Updated: Aug 19, 2026
  • Q & A: 62 Questions and Answers
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  • Exam Code: 1Z0-1060-21
  • Exam Name: Oracle Accounting Hub Cloud 2021 Implementation Essentials
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  • Q & A: 62 Questions and Answers
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Oracle 1Z0-1060-21 Exam Syllabus Topics:

SectionWeightObjectives
Analyze Accounting, Reporting, Audit and Reconciliation Requirements20%
Configure Accounting Rules20%
Reporting, Auditing and Diagnostics10%
Modeling Considerations10%
Register and Update Source Systems15%
Analyze Transaction Type Life Cycle15%
Upload Transaction Data and Adjust Journal Entries10%

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. How do you enable diagnostics on subledger transaction sources?

A) enable diagnostic profile
B) enable diagnostic attribute
C) enable diagnostic source
D) enable transaction debug


2. Which two actions can you accomplish for a registered source system?

A) Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet.
B) Add new event classes through the user interface.
C) Revise source Information through the user interface and add more sources.
D) Modify the subledger application name as long as thereare no pending accounting entries.


3. A customer has four external systems: Consumer Loan, Auto Loan, Home Loan and Insurance. Functional users are allowed to process and view transactions and accounting for all these systems.
Which two implementations allow similar accountingrules to be shared?

A) One subledger for all 4 source systems.
B) One subledger for the 3 Loan systems and one subledger for Insurance.
C) One subledger for Consumer Loan and Auto Loan, and one subledger for HomeLoan and Insurance.
D) One subledger for each source system.


4. What can you override in a completed subledger journal entry?

A) the account
B) the amounts
C) the descriptions
D) the supporting Information


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 is defined with conditions that are not allowing the assignment.
B) The account rule is defined with a different chart of accounts from the journal entry rule set.
C) The account rule does not return any valid account value.
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
Question # 2
Answer: A,C
Question # 3
Answer: A,B
Question # 4
Answer: A
Question # 5
Answer: B,D

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