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1z0-1060-25 Guide Torrent
  • Exam Code: 1z0-1060-25
  • Exam Name: Oracle Accounting Hub Cloud 2025Implementation Professional

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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Which two conditions must be met for automatic data provisioning to work?

A) The data provisioning rule has at least one job, one position, and one inventory organization assigned to it.
B) At least one role is automatically provisioned to the user using role provisioning rules.
C) At least one of the user's assignments matches all data-mapping conditions in a data provisioning rule.


2. The Insurance for Homes company provides home insurance services in the USA, the UK, France, and Italy.
It is headquartered in the USA. The entities in the UK, France, and Italy are subsidiaries of the USA entity.
The company decides to configure four primary ledgers, one each for the USA, the UK, France, and Italy. It also plans to configure three secondary ledgers under the UK, France, and Italy primary ledgers.
Which TWO statements are true about setting up secondary ledgers?

A) Conversion levels available for a secondary ledger are Balance, Journal, and Subledger only
B) A chart of accounts mapping is always required between the chart of accounts of the primary ledger and the secondary ledger
C) A chart of accounts mapping is only required if a secondary ledger has a different chart of accounts than its primary ledger
D) Conversion levels available for a secondary ledger are Balance, Journal, Adjustment only, andSubledger


3. Challenge 1: Manage Journal Line Rule
TASK
Create 2 Journal Line Rule
Interest Receivable
Interest Income
Subledger Application: AHC Loan
Process Category: AHC Loan
Event Class: AHC Loan
Event Type: Loan Origination, Interest Accrual, Payment


4. Where do you define the currency conversion type to be used in converting accounted amount for reporting currency ledger?

A) Manage Subledger Accounting Options
B) Manage Accounting Attribute Assignments
C) Specify Ledger Options
D) Manage Reporting Currencies


5. Your company is part of the financial services industry and manages various types of transactions, such as Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep, in their source system. While analyzing the source transaction system, you are asked to propose an event model based on the activities performed by the company.
Based on your analysis, what should the Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep transactions be defined as while registering the source system?

A) Source systems
B) Journal sources
C) Event types
D) Event classes


Solutions:

Question # 1
Answer: B,C
Question # 2
Answer: C,D
Question # 3
Answer: Only visible for members
Question # 4
Answer: D
Question # 5
Answer: C

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