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Download Oracle : 1Z0-1060-21 Questions & Answers as PDF & Test Software

Last Updated: Jun 16, 2026

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Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. Where do you define the currency conversion type to be used in converting accountedamount for reporting currency ledger?

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


2. In the process of analyzing data from a source system you find that there are no reliable amounts that canbe used to build a subledger journal entry.
How can you resolve this challenge?

A) Use a custom formula in an account rule to derive amounts.
B) Use a custom formula in a supporting reference to derive amounts.
C) Use a custom formula in a journal line rule to derive amounts.
D) Use a custom formula in a description rule to derive amounts.


3. 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.


4. 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) Attribute Identifier
C) User Transaction Identifier
D) System Identifier


5. 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) Tell them thiscannot be implemented.
B) Add new transaction sources in the current source system registration spreadsheet and re-upload the spreadsheet file.
C) Add new transaction sources from the user interface.
D) Register another source system that includes these new transaction sources.


Solutions:

Question # 1
Answer: D
Question # 2
Answer: C
Question # 3
Answer: B,D
Question # 4
Answer: B
Question # 5
Answer: C

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