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Free Oracle 1Z0-1060-25 Practice Test Questions

Exam Code: 1Z0-1060-25
Exam Questions: 80
Oracle Accounting Hub Cloud 2025 Implementation Professional
Updated: 07 Oct, 2025
Viewing Page : 1 - 8
Practicing : 1 - 5 of 80 Questions
Question 1

NO: 2: Your client, a banking organization, is currently using different transaction systems for different types of loans including vehicle loans, personal loans, education loans, and housing loans. You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge off as event types. The customer now asks you to add another transaction type called Loan Interest Accrual Reversal. What should be your response to the customer?

Options :
Answer: D
Question 2

Which predefined role allows a user to manage the period close activities in the General Ledger (GL) application? 

Options :
Answer: D
Question 3

Which three duty roles are required to perform Accounting Hub setup tasks?

Options :
Answer: B,C,D
Question 4

The company 'Insurance for Homes' provides home insurance services. It has an in-house system that processes home insurance payments received from customers. The end result of the process consists of a list of individual journal entries in a spreadsheet. The company wants to get all journal entries in a secure and auditable repository. Access will be limited to a select few staff members. Additionally, these staff members will need to be able to report and view the entries using an advanced reporting and analytical tool for slicing and dicing the journal entries. Insurance premium is to be recognized as income across the coverage period of the insurance policy. Which types of journal lines need to be set up to generate recurring journal entries for insurance premium in each accounting period? 

Options :
Answer: A
Question 5

You design an income statement report with the help of Financial Reporting Web Studio. You add row numbers 3, 4, and 5 to reflect the balances for three different expense accounts and row number 6 to reflect the sum of row numbers 3, 4, and 5.Which formula should be used on row number 6 to calculate the sum?

Options :
Answer: D
Viewing Page : 1 - 8
Practicing : 1 - 5 of 80 Questions
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