- Exam Code: 1Z0-1060-21
- Exam Name: Oracle Accounting Hub Cloud 2021 Implementation Essentials
- Updated: Sep 08, 2026
- Q & A: 62 Questions and Answers
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| Section | Objectives |
|---|---|
| Topic 1: Reporting and Reconciliation | - Financial reporting outputs - Reconciliation processes |
| Topic 2: Accounting Hub Data Processing | - Import and validation of transactions - Event model and processing flow |
| Topic 3: Source Systems Integration | - Data ingestion and transformation - Integrating external source systems |
| Topic 4: Accounting Hub Cloud Overview | - Concepts and architecture of Accounting Hub Cloud - Key business benefits and use cases |
| Topic 5: Subledger Accounting and Rules | - Mapping sets and conditions - Journal generation process - Accounting rules definition |
| Topic 6: Setup and Configuration | - Configuration of accounting methods - Implementation setup tasks - Security and role configuration |
Question 1
What can you override in a completed subledger journal entry?
A. the supporting Information
B. the amounts
C. the account
D. the descriptions
Question 2
Which is used to track a specific transaction attribute on subledger journal entries?
A. value set rules
B. supporting references
C. account rules
D. lookup value rules
Question 3
Which four options are used to reconcile subledger journal entries?
A. Run the Subledger Accounting Diagnostics report.
B. Tag supporting references with journal entry lines.
C. Build a custom OTBIreport.
D. Run the Subledger Accounting Method Setups report.
E. Assign a descriptive text and source on journal lines.
F. Set up reconciliation using the reconciliation reference accounting attribute.
Question 4
What are all the tabs that areavailable to be completed in the Register Source System spreadsheet?
A. Source System and Transaction Information
B. Source System
C. Source System, Transaction Information, and Line Information
D. Source System and Line Information
Question 5
Which two can you use to view supporting reference balances?
A. Use Oracle Transactional Business Intelligence to create an analysis using the Subledger Accounting - Supporting Reference Real Time subject area.
B. Submit the standard Supporting Reference Balances Report.
C. Use the Supporting Reference Balance Inquiry page.
D. Use Business Intelligence Publisher to build a custom report.
Solutions:
| Question 1 Answer: C | Question 2 Answer: B | Question 3 Answer: B,C,E,F | Question 4 Answer: C | Question 5 Answer: A,C |
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