Exam Code: 1z0-1060-22
Exam Name: Oracle Accounting Hub Cloud 2022 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Financials Cloud
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Oracle 1z0-1060-22 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Accounting Hub Cloud 2022 Implementation Professional
Exam Number:1Z0-1060-22
Exam Format:Multiple Choice
Exam Price:USD $245
Available Languages:English
Certificate Validity Period:3 years
Passing Score:64%
Real Exam Qty:55
Exam Duration:90 minutes
Recommended Training:Oracle Accounting Hub Cloud Implementation Training
Exam Registration:Pearson VUE Scheduling
Oracle University Registration
Sample Questions: DOWNLOAD DEMO
Exam Way:Online proctored or in-person at Pearson VUE test centers
Pre Condition:No formal prerequisites; recommended hands-on experience with Oracle Financials Cloud and accounting principles
Official Syllabus URL:https://education.oracle.com/oracle-accounting-hub-cloud-2022-implementation-professional/pexam_1Z0-1060-22

Oracle 1z0-1060-22 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Common Application Configurations10%- Legal Entities, Financial Reporting Structures and Ledgers
Topic 2: Register Source System and PaaS Integration12%- Transaction Information and Line Information Worksheets
- PaaS (ICS) Integration
Topic 3: Configure Accounting Rules18%- Journal Line Rules and Account Rules
- Journal Entry Rule Sets
- Mapping Sets, Description Rules, Supporting References
- Accounting Methods
- User Defined Formulas and Additional Components
Topic 4: Functional Setup Manager2%- Offerings, setup data management, export/import
Topic 5: Adjust Journal Entries4%- Override and create manual adjustment entries
Topic 6: Diagnostics4%- Perform Subledger Accounting Diagnostics
Topic 7: Reporting and Period Close8%- OTBI, Financial Reporting Web Studio, BI Publisher, Smart View
- Manage Account Groups
Topic 8: Transaction Data and Automation8%- Upload, correct and automate transaction data via web services
Topic 9: Security2%- Users, Role Based Access Control, Security Console
Topic 10: Transaction Type Life Cycle10%- Analyze transaction life cycle in source systems
Topic 11: Update Registered Source System10%- Accounting attribute assignments, sources, event types
Topic 12: Accounting, Reporting, Audit and Reconciliation Requirements12%- Analyze requirements for transaction types

Frequently Asked Questions: Oracle Accounting Hub Cloud 2022 Implementation Professional Preparation

PrepAwayPDF refunds you in full if you take the Oracle Accounting Hub Cloud 2022 Implementation Professional exam within 60 days of purchase and do not pass. The policy does not apply if the exam is taken within 3 days of purchase, if the exam was never actually taken, or to free materials or expired orders, and the candidate name must match the payer name. Submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Alternatively, exchange for two free exam products of equal value and keep your original update service. Delivery is by email within 1 minute of purchase — contact support if nothing arrives within 2 hours.

The 1z0-1060-22 exam is a Oracle certification exam covering the Oracle Accounting Hub Cloud 2022 Implementation Professional syllabus shown above. Most candidates are working people studying around jobs and families, which is why PrepAwayPDF built its 89 practice questions for fragmented schedules — PDF, Desktop Test Engine, and Online Test Engine formats included.

Online proctored or in-person at Pearson VUE test centers Register for the Oracle Accounting Hub Cloud 2022 Implementation Professional exam through these official channels:

Once your date is confirmed, your PrepAwayPDF practice questions arrive by email within 1 minute, so the study clock starts immediately.

The official Oracle Accounting Hub Cloud 2022 Implementation Professional outline divides the exam into 12 domains, the largest being Accounting, Reporting, Audit and Reconciliation Requirements (12%), Functional Setup Manager (2%), and Diagnostics (4%). The full list is in the topics section above, and PrepAwayPDF's 89 practice questions address every domain in it.

Registration for the Oracle Accounting Hub Cloud 2022 Implementation Professional exam costs USD $245, and the passing score is 64%. Retaking means paying the fee again, so check your level with the PrepAwayPDF engines before you commit to a date.

Everything needed to start the minute your order arrives: 89 practice questions for the Oracle Accounting Hub Cloud 2022 Implementation Professional exam in three formats — a printable, expert-prepared PDF with instant download; a Desktop Test Engine for Windows that simulates the real exam with two practice modes and works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. Also included: a free demo, 365 days of free updates, a 50% renewal discount afterward, unlimited installations, and remote installation guidance from professional IT staff if you need it.

Oracle recommends these training resources for the Oracle Accounting Hub Cloud 2022 Implementation Professional exam:

Reinforce the training with the 89 practice questions from PrepAwayPDF — short, frequent sessions fit working schedules better than marathon weekends.

No formal prerequisites; recommended hands-on experience with Oracle Financials Cloud and accounting principles Since requirements can change, confirm the current version on the official Oracle exam page before scheduling.

The Oracle Accounting Hub Cloud 2022 Implementation Professional exam contains 55 with a limit of 90 minutes. That is tight pacing — rehearse it in the PrepAwayPDF Desktop Test Engine's timed mode until it feels natural.

Oracle Accounting Hub Cloud 2022 Implementation Professional Sample Questions:

'Insurances for Homes' company provide home insurance service. They have in house built system that processes home insurance payments received from customers. The end result of the process consists of a listing ofindividual journal entries in a spreadsheet. They have requirements for getting all journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, be able to report and view the entries using an advanced reporting and analytical tools for slicing and dicing the Journal entries.
Insurance premium is to be recognized as income across the-coverage period of the insurance policy. How do you link the two journal lines in the recurring journal entries cases, so that these two journal lines are identified by the accounting process to create recurring Journal entries?

  • A. Recognition Journal class
  • B. Accounting class
  • C. Multiperiod class
  • D. Recurring Journal class
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Given the business use case:
'New Trucks' runs a fleet of trucks in a rentalbusiness In the U.S. The majority of the trucks are owned; however, In some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the Internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company 'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: totalmaintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income. 'New Trucks' and' Fix Trucks' are located in the same country and share chart-of accounts and accounting conventions.
How manyledgers are required to be set up?

  • A. Two primary ledgers
  • B. One primary, one repotting currency ledger
  • C. One primary ledger
  • D. One primary, one secondary ledger
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

What is theterminology that is used to refer to the number of transactions processed by Create Accounting in one commit cycle?

  • A. Virtual Machine Processing Size
  • B. Processing Unit Size
  • C. Buffer Unit Size
  • D. Accounting Unit Commit Size
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

You have recently registered a new source system and now the customer wants you to add another event type within this source system. What is the correct method to add another event type?

  • A. Register the source system again by including the New Event Type
  • B. Create another source system with the new event type and merge it with the previous source system
  • C. Download the template again with the source system data, add the new event type, and upload the data again
  • D. Add the new Event Type from the User Interface by navigating to the Manage Subledger Application Page
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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 Create Accounting again to generate journal entries for the events that ended in error.
  • D. Run the Accounting Events DiagnosticReport.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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