Try and practice the latest Oracle : 1Z0-1060-21 real questions & answers
Updated: Oct 28, 2026
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Oracle 1Z0-1060-21 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Accounting Hub Cloud 2021 Implementation Essentials |
| Exam Number: | 1Z0-1060-21 |
| Exam Duration: | 90 minutes |
| Real Exam Qty: | 50-60 (typical Oracle format, exact number not officially fixed) |
| Available Languages: | English |
| Certificate Validity Period: | 18-24 months or subject to Oracle certification policy updates |
| Exam Format: | Multiple Response, Multiple Choice |
| Related Certifications: | Oracle Cloud Applications Certifications Oracle Financials Cloud Certifications |
| Passing Score: | Approximately 68% (Oracle standard scaled score, may vary) |
| Exam Price: | $245 USD (may vary by region) |
| Recommended Training: | Oracle Learning Subscription Oracle Accounting Hub Cloud Training |
| Exam Registration: | Oracle Certification Registration Pearson VUE Oracle Exams |
| Sample Questions: | Oracle 1Z0-1060-21 Sample Questions |
| Exam Way: | Online proctored or test center (Pearson VUE) |
| Pre Condition: | No mandatory prerequisites, but familiarity with Oracle Financials Cloud and accounting concepts is recommended |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z0-1060-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reporting and Reconciliation | - Reconciliation processes - Financial reporting outputs |
| Accounting Hub Cloud Overview | - Key business benefits and use cases - Concepts and architecture of Accounting Hub Cloud |
| Accounting Hub Data Processing | - Event model and processing flow - Import and validation of transactions |
| Subledger Accounting and Rules | - Journal generation process - Mapping sets and conditions - Accounting rules definition |
| Source Systems Integration | - Integrating external source systems - Data ingestion and transformation |
| Setup and Configuration | - Security and role configuration - Implementation setup tasks - Configuration of accounting methods |
Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:
Which transaction source is used to link transaction header and line information?
- A. Transaction Type
- B. Transaction Date
- C. Transaction Number
- D. Transaction Key
Correct Answer: C 🗳️
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. Add new transaction sources in the current source system registration spreadsheet and re-upload the spreadsheet file.
- B. Register another source system that includes these new transaction sources.
- C. Add new transaction sources from the user interface.
- D. Tell them thiscannot be implemented.
Correct Answer: C 🗳️
Given the journal:
What is the terminology that is used to identify the "Account Number', 'Original Balance' ,and 'Origination Date' fields?
- A. Source System Identifier
- B. User Transaction Identifier
- C. Attribute Identifier
- D. System Identifier
Correct Answer: C 🗳️
Given the business use case:
'New Trucks' runs a fleet of trucks in a rentalbusiness 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 source code 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: totalmaintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income. 'New Trucks' and' Fix Trucks' are located in the same country and share chart-of accounts and accounting conventions.
How manyledgers are required to be set up?
- A. One primary, one repotting currency ledger
- B. Two primary ledgers
- C. One primary ledger
- D. One primary, one secondary ledger
Correct Answer: C 🗳️
There is a business requirement to display supporting information with some text and source value at the journal line level that will vary depending on theentered amounts for the line.
What is the solution to implement this requirement?
- A. define line description rule with condition
- B. define user transaction lineidentifier
- C. define journal line rules with conditions
- D. define journal entry rule set with condition
Correct Answer: A 🗳️
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