Oracle 1Z0-1060-21 Exam : Oracle Accounting Hub Cloud 2021 Implementation Essentials

  • Exam Code: 1Z0-1060-21
  • Exam Name: Oracle Accounting Hub Cloud 2021 Implementation Essentials
  • Updated: Nov 10, 2026
  • Q & A: 62 Questions and Answers

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Oracle 1Z0-1060-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Reporting and Reconciliation- Reconciliation processes
- Financial reporting outputs
Topic 2: Setup and Configuration- Security and role configuration
- Implementation setup tasks
- Configuration of accounting methods
Topic 3: Accounting Hub Data Processing- Import and validation of transactions
- Event model and processing flow
Topic 4: Source Systems Integration- Data ingestion and transformation
- Integrating external source systems
Topic 5: Accounting Hub Cloud Overview- Concepts and architecture of Accounting Hub Cloud
- Key business benefits and use cases
Topic 6: Subledger Accounting and Rules- Journal generation process
- Accounting rules definition
- Mapping sets and conditions

Common Questions About the Oracle 1Z0-1060-21 Exam

The Oracle Accounting Hub Cloud 2021 Implementation Essentials is the official Oracle exam that leads to the Oracle Accounting Hub Cloud 2021 Implementation Essentials certification at the Professional level. Passing it validates your skills against Oracle standards and proves your qualification to current and future employers. The credential is also connected with related certifications such as Oracle Financials Cloud Certifications, Oracle Cloud Applications Certifications, so it can serve as a solid step in a broader certification path.

The 1Z0-1060-21 exam has 50-60 (typical Oracle format, exact number not officially fixed) questions in total and must be completed within 90 minutes. That leaves only a narrow time budget per item, so train yourself to flag a difficult question, move on, and circle back later instead of getting stuck. A week or two before your test date, run at least one full timed mock exam in the DumpsActual desktop or online test engine under the same 90 minutes limit, and repeat until you can finish with a few minutes left for review.

The passing score for the 1Z0-1060-21 exam is Approximately 68% (Oracle standard scaled score, may vary), and the official registration fee is $245 USD (may vary by region). Keep in mind that a failed attempt is not discounted — retaking the exam means paying the full fee again — so it is wise not to book your seat until your practice scores sit comfortably above the passing mark. Working through the 62 questions at DumpsActual in timed mode is a reliable way to judge when you are truly ready.

Oracle sets the following requirement for the 1Z0-1060-21 exam: No mandatory prerequisites, but familiarity with Oracle Financials Cloud and accounting concepts is recommended. Eligibility rules can change from time to time, so always confirm the current prerequisites on the official exam page at https://education.oracle.com before you register.

You can register for the Oracle Accounting Hub Cloud 2021 Implementation Essentials through the following official channels:

The 1Z0-1060-21 exam is delivered as Online proctored or test center (Pearson VUE), so review the technical and check-in requirements for that format when you schedule your appointment.

Oracle recommends the following official training options for the Oracle Accounting Hub Cloud 2021 Implementation Essentials:

Official courses build the theory, and pairing them with the 62 practice questions from DumpsActual turns that knowledge into exam-ready answers.

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The Oracle Accounting Hub Cloud 2021 Implementation Essentials is organized into 6 domains. Among the first ones are Subledger Accounting and Rules, Reporting and Reconciliation, Accounting Hub Cloud Overview, and the remaining domains cover the rest of the official objectives. For the complete topic breakdown with every subtopic, see the full 1Z0-1060-21 exam outline above on this page.

Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

Question #1

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. Submit the Accounting Event Diagnostics process.
  • B. Set the "SLA: Diagnostics Enabled" profile option.
  • C. Run the Accounting Events DiagnosticReport.
  • D. Run Create Accounting again to generate journal entries for the events that ended in error.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #2

You need to build a complex account rule. Which four value typescanyou use in yourdefinition?

  • A. Source
  • B. Value Set
  • C. Account Combination
  • D. Constant
  • E. Mapping Set
  • F. Existing Account Rule
Reveal Solution  Discussion  0

Correct Answer: A,D,E,F  🗳️

Question #3

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 Reporting Currencies
  • D. Manage Accounting Attribute Assignments
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #4

Which two actions can you accomplish for a registered source system?

  • A. Modify the subledger application name as long as thereare no pending accounting entries.
  • B. Revise source Information through the user interface and add more sources.
  • C. Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet.
  • D. Add new event classes through the user interface.
Reveal Solution  Discussion  0

Correct Answer: B,C  🗳️

Question #5

Which two can you use to view supporting reference balances?

  • A. Submit the standard Supporting Reference Balances Report.
  • B. Use Oracle Transactional Business Intelligence to create an analysis using the Subledger Accounting - Supporting Reference Real Time subject area.
  • C. Use the Supporting Reference Balance Inquiry page.
  • D. Use Business Intelligence Publisher to build a custom report.
Reveal Solution  Discussion  0

Correct Answer: B,C  🗳️

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