Oracle Accounting Hub Cloud 2021 Implementation Essentials: 1Z0-1060-21 Exam
"Oracle Accounting Hub Cloud 2021 Implementation Essentials", also known as 1Z0-1060-21 exam, is a Oracle Certification. With the complete collection of questions and answers, ExamcollectionPass has assembled to take you through 62 Q&As to your 1Z0-1060-21 Exam preparation. In the 1Z0-1060-21 exam resources, you will cover every field and category in Oracle Financials Cloud Certification helping to ready you for your successful Oracle Certification.
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- Exam Code: 1Z0-1060-21
- Exam Name: Oracle Accounting Hub Cloud 2021 Implementation Essentials
- Certification Provider: Oracle
- Corresponding Certification: Oracle Financials Cloud
- Updated: Sep 08, 2026
- No. of Questions: 62 Questions & Answers with Testing Engine
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Oracle 1Z0-1060-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Modeling Considerations | - Analyze modeling considerations |
| Accounting, Reporting, Audit, and Reconciliation | - Analyze accounting, reporting, audit, and reconciliation requirements |
| Transaction Data and Automation | - Understand transaction data and automation with web services |
| Source System and Integration | - Register source systems and integration options - Update registered source systems |
| Reporting and Period Close | - Reporting and period close processes |
| Adjust Journal Entries | - Manage and adjust journal entries |
| Accounting Rule Configuration | - Configure and analyze accounting rules |
| Transaction Lifecycle | - Analyze transaction type life cycle |
| Diagnostics | - Perform diagnostic and troubleshooting tasks |
| Functional Setup and Security | - Use Functional Setup Manager - Configure security roles and access |
Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:
A customer has a business requirement to provide additional information about subledger Journals that cannot be found in a predefined report.
How can you meet this requirement?
- A. Build an OTBI analysis that includes a relevant subject area.
- B. Use either Account Monitor or Account Inspector to getrequired Information.
- C. Build a Financial Reporting Studio report that includes all dimensions.
- D. Create a Smart View report using the query designer feature.
What automation option is NOT available when uploading transaction data to Accounting Hub Cloud?
- A. Oracle Virtual Web Center Services
- B. Oracle UCM Web Services
- C. Oracle Web Center Content Client Command line tool
- D. ERP Integration Service
You have created a description rule. When you try to select this description rule to be displayed as a header description rule in a journal entry rule set, you are not able to find this rule in the list of values.
What is the possible reason for NOT finding the rule?
- A. The source does not return any value; therefore the rule is not displayed.
- B. The rule is built using a value set source.
- C. The rule is built using a custom source.
- D. The rule is built using a line level source.
Given the business requirement in the 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 Truck' 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 sourcecode 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. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee,total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
What are the key transaction types mentioned in the use case?
- A. Initiate Truck Rentals Contract and Pay Truck Maintenance
- B. Purchase Trucks and Deploy Trucks
- C. Pay Insurance and Control Truck Services
- D. Purchase Trucks and Pay Out Trucks
What is a user job role data context assignment?
- A. Duty role context assignment to a user
- B. Security privileges assignment to a user job role
- C. Security data role context assignment to auser job role
- D. Security data access context assignment to a user job role
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