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

Exam Code: 1Z0-1060-21

Exam Name: Oracle Accounting Hub Cloud 2021 Implementation Essentials

Updated: Sep 08, 2026

Q & A: 62 Questions and Answers

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Oracle 1Z0-1060-21 Exam Syllabus Topics:

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

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

Question #1

After registering a new source system into Accounting Hub and going live for a short period, your customer identified the need to add additional transaction sources. What should you do?

  • A. Tell them thiscannot be implemented.
  • B. Register another source system that includes these new transaction sources.
  • C. Add new transaction sources in the current source system registration spreadsheet and re-upload the spreadsheet file.
  • D. Add new transaction sources from the user interface.
Answer: D
Question #2

What is a user job role data context assignment?

  • A. Duty role context assignment to a user
  • B. Security data role context assignment to auser job role
  • C. Security data access context assignment to a user job role
  • D. Security privileges assignment to a user job role
Answer: C
Question #3

In the process of analyzing data from a source system you find that there are no reliable amounts that canbe used to build a subledger journal entry.
How can you resolve this challenge?

  • A. Use a custom formula in a supporting reference to derive amounts.
  • B. Use a custom formula in an account rule to derive amounts.
  • C. Use a custom formula in a description rule to derive amounts.
  • D. Use a custom formula in a journal line rule to derive amounts.
Answer: D
Question #4

Which two can you use to view supporting reference balances?

  • A. Use the Supporting Reference Balance Inquiry page.
  • B. Use Business Intelligence Publisher to build a custom report.
  • C. Submit the standard Supporting Reference Balances Report.
  • D. Use Oracle Transactional Business Intelligence to create an analysis using the Subledger Accounting - Supporting Reference Real Time subject area.
Answer: A,D
Question #5

Given the subledger journal entry:

Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?

  • A. It is not balanced by entered currency.
  • B. It is notbalanced by balancing segment.
  • C. It appears correct.
  • D. It is not balanced by entered amounts.
Answer: B

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