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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 |
| Related Certifications: | Oracle Financials Cloud |
| Exam Duration: | 105 minutes |
| Real Exam Qty: | 55-60 |
| Passing Score: | 64% |
| Available Languages: | English, Japanese |
| Exam Format: | Multiple Choice |
| Certificate Validity Period: | 18 months |
| Exam Price: | $245 USD |
| Recommended Training: | Oracle Financials Cloud Learning Subscription |
| Exam Registration: | Pearson VUE Oracle University |
| Sample Questions: |  |
| Exam Way: | Online proctored or onsite at Pearson VUE test centers |
| Pre Condition: | No official prerequisites recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-accounting-hub-cloud-2021-certified-implementation-specialist/trackp_OERPAHRC2021OPN |
Oracle 1Z0-1060-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Reporting, Auditing and Diagnostics | 10% | |
| Topic 2: Upload Transaction Data and Adjust Journal Entries | 10% | |
| Topic 3: Configure Accounting Rules | 20% | |
| Topic 4: Analyze Transaction Type Life Cycle | 15% | |
| Topic 5: Modeling Considerations | 10% | |
| Topic 6: Analyze Accounting, Reporting, Audit and Reconciliation Requirements | 20% | |
| Topic 7: Register and Update Source Systems | 15% |
Oracle Accounting Hub Cloud 2021 Implementation Essentials Exam FAQ — Direct Answers
No official prerequisites recommended Eligibility rules do change, so confirm the current requirements on the official page (official 1Z0-1060-21 exam page) before booking.
105 minutes for 55-60 questions. Efficiency beats exhaustion: the ExamTorrent software version simulates the real test scene and scores your performance, so every practice hour moves you forward.
Yes:
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$245 USD per attempt, 64% to pass. Since a retake costs the full fee, prepare with direction: the 62 practice questions from ExamTorrent focus your effort where the exam points are.
The Oracle Accounting Hub Cloud 2021 Implementation Essentials is Oracle's certification exam for Oracle Accounting Hub Cloud 2021 Certified Implementation Specialist, at the Specialist level. It validates applied skills employers hire for — a credential worth the effort. Related credentials include Oracle Financials Cloud.
The Oracle Accounting Hub Cloud 2021 Implementation Essentials blueprint covers 7 domains — including Register and Update Source Systems (15%), Modeling Considerations (10%), Analyze Transaction Type Life Cycle (15%). The weightings are your efficiency map: heavy domains first. Every subtopic appears in the outline above.
Through the vendor's official registration channels:
The Oracle Accounting Hub Cloud 2021 Implementation Essentials is delivered Online proctored or onsite at Pearson VUE test centers, so pick the arrangement that suits you when booking.
Yes — download the free Oracle Accounting Hub Cloud 2021 Implementation Essentials demo and judge the question quality before paying. Every purchase stays valid for 365 days with free updates throughout, renewable afterward at 50% off.
Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:
You have been assigned to troubleshoot a Create Accounting error.
What is the first step you need to take to use the diagnostics framework features?
- A. Set the "SLA: Diagnostics Enabled" profile option.
- B. Run Create Accounting again to generate journal entries for the events that ended in error.
- C. Submit the Accounting Event Diagnostics process.
- D. Run the Accounting Events DiagnosticReport.
Correct Answer: A 🗳️
Given the business 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 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 inthe 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, 'NewTrucks' needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
How can the automatic recognition of insurance income be implemented in AccountingHub Cloud?
- A. Set up automatic Journal line reversal.
- B. Create an adjustment journal entry.
- C. Set up multiperiod accounting journal lines.
- D. Set up a transaction line reversal.
Correct Answer: C 🗳️
What can you override in a completed subledger journal entry?
- A. the amounts
- B. the supporting Information
- C. the descriptions
- D. the account
Correct Answer: D 🗳️
You are explaining to an accountant that account override is an adjustment featureof Subledger Accounting.
Which two traits can help you explain this feature?
- A. The account override feature is only intended to correct subledger journals that have been posted.
- B. The account override feature provides an audit trail by preserving the original subledger journal entry.
- C. The account override feature adjusts the original source transaction.
- D. The account override feature allows users to record a reason for the adjustment.
Correct Answer: B,D 🗳️
Which two options allow validating input values on mapping sets?
- A. Segment values
- B. Value sets
- C. Lookup types
- D. Chart of accounts segment
Correct Answer: B,C 🗳️
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