Get real 1Z0-1060-21 exam questions for better preparation
Real Oracle 1Z0-1060-21 practice exam questions for easy pass!
Updated: Oct 24, 2026
No. of Questions: 62 Questions & Answers with Testing Engine
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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 Format: | Multiple Choice |
| Passing Score: | 64% |
| Exam Price: | $245 USD |
| Real Exam Qty: | 55-60 |
| Exam Duration: | 105 minutes |
| Certificate Validity Period: | 18 months |
| Related Certifications: | Oracle Financials Cloud |
| Available Languages: | Japanese, English |
| Recommended Training: | Oracle Financials Cloud Learning Subscription |
| Exam Registration: | Pearson VUE Oracle University |
| Sample Questions: | Oracle 1Z0-1060-21 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: Configure Accounting Rules | 20% | |
| Topic 3: Modeling Considerations | 10% | |
| Topic 4: Upload Transaction Data and Adjust Journal Entries | 10% | |
| Topic 5: Analyze Transaction Type Life Cycle | 15% | |
| Topic 6: Register and Update Source Systems | 15% | |
| Topic 7: Analyze Accounting, Reporting, Audit and Reconciliation Requirements | 20% |
Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:
What are the tables or views from which the CreateAccounting process takes source data that is used in accounting rules to create journal entries referred to as?
- A. Transaction objects
- B. Mapping sets
- C. Event entities
- D. Source objects
Correct Answer: A 🗳️
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. Run the Accounting Events DiagnosticReport.
- B. Run Create Accounting again to generate journal entries for the events that ended in error.
- C. Submit the Accounting Event Diagnostics process.
- D. Set the "SLA: Diagnostics Enabled" profile option.
Correct Answer: D 🗳️
'Insurances for Homes' company provide home insuranceservice. They have in-house built system that processes home insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, be able to report and view the entries using an advanced reporting and analytical tools for slicing and dicing the journal entries.
Insurance premiumIs to be recognized as income across the coverage period of the insurance policy. What are the two types of journal lines that need to be set up to generate recurring journal entries for insurance premium in each accounting period?
- A. Reversal and Recognition
- B. Deferral and Recognition
- C. Multiperiod and Recognition
- D. Offsets and Recognition
Correct Answer: B 🗳️
What automation option is NOT available when uploading transaction data to Accounting Hub Cloud?
- A. Oracle UCM Web Services
- B. Oracle Virtual Web Center Services
- C. Oracle Web Center Content Client Command line tool
- D. ERP Integration Service
Correct Answer: B 🗳️
How do you enable diagnostics on subledger transaction sources?
- A. enable diagnostic profile
- B. enable diagnostic source
- C. enable transaction debug
- D. enable diagnostic attribute
Correct Answer: A 🗳️
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