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Updated: Sep 14, 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
Passing Score:64%–66%
Real Exam Qty:55–62
Available Languages:English
Exam Duration:90 minutes
Exam Format:Multiple Choice
Related Certifications:Oracle Accounting Hub Cloud 2021 Certified Implementation Specialist
Exam Price:USD $245 (may vary by location)
Sample Questions:Oracle 1Z0-1060-21 Sample Questions
Exam Way:Delivered through Oracle-authorized test centers or Oracle's online proctoring (subject to availability and region).
Pre Condition:Hands-on experience with Oracle Accounting Hub Cloud, and familiarity with Oracle Financials Cloud concepts is recommended.
Official Syllabus URL:https://education.oracle.com/financials/accounting-hub-cloud/product_745

Oracle 1Z0-1060-21 Exam Syllabus Topics:

SectionObjectives
Transaction Data and Automation- Understand transaction data and automation with web services
Source System and Integration- Update registered source systems
- Register source systems and integration options
Transaction Lifecycle- Analyze transaction type life cycle
Modeling Considerations- Analyze modeling considerations
Reporting and Period Close- Reporting and period close processes
Adjust Journal Entries- Manage and adjust journal entries
Accounting, Reporting, Audit, and Reconciliation- Analyze accounting, reporting, audit, and reconciliation requirements
Diagnostics- Perform diagnostic and troubleshooting tasks
Functional Setup and Security- Use Functional Setup Manager
- Configure security roles and access
Accounting Rule Configuration- Configure and analyze accounting rules

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

Question #1

A customer has a business requirement to provide additional information about subledger Journals that cannot be found in a predefined report.
How can you meet this requirement?

  • A. Create a Smart View report using the query designer feature.
  • B. Build a Financial Reporting Studio report that includes all dimensions.
  • C. Use either Account Monitor or Account Inspector to getrequired Information.
  • D. Build an OTBI analysis that includes a relevant subject area.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #2

You are implementing Fusion Accounting Hub for your external Accounts Receivables system. The external system sends invoices billed and cash receipts in a flat file, along with the customer classificationinformation.
You want the accounting amounts to be tracked by customers too but you do not want to add a Customer segment to your chart of accounts.
What is the solution?

  • A. Use the Third Party Control Account feature.
  • B. Capture customer information as the source and develop a custom report using Online Transactional Business Intelligence (OTBI).
  • C. Use Supporting References to capture customer classification information.
  • D. Use the Open Account Balances Listing report that has balances by customer.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #3

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, Transaction Information, and Line Information
  • C. Source System and Line Information
  • D. Source System
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #4

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

  • A. Manage Accounting Attribute Assignments
  • B. Manage Subledger Accounting Options
  • C. Specify Ledger Options
  • D. Manage Reporting Currencies
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #5

What is a user job role data context assignment?

  • A. Security data role context assignment to auser job role
  • B. Duty role context assignment to a user
  • C. Security data access context assignment to a user job role
  • D. Security privileges assignment to a user job role
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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