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Oracle 1Z0-1060-21 : Oracle Accounting Hub Cloud 2021 Implementation Essentials
- Exam Code: 1Z0-1060-21
- Exam Name: Oracle Accounting Hub Cloud 2021 Implementation Essentials
- Updated: Oct 24, 2026 Q&As: 62 Questions and Answers
About Oracle 1Z0-1060-21 Exam
Plenty of professionals know the Oracle Accounting Hub Cloud 2021 Implementation Essentials certification would help their career, yet hold back because the 1Z0-1060-21 exam has a reputation for difficulty. That hesitation is understandable — and it is exactly why DumpsTests lets you download a free demo of the 62 practice questions for the 1Z0-1060-21 exam before you decide anything.
Oracle 1Z0-1060-21 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Accounting Hub Cloud 2021 Implementation Essentials |
| Exam Number: | 1Z0-1060-21 |
| Available Languages: | English |
| Real Exam Qty: | 50-60 (typical Oracle format, exact number not officially fixed) |
| Exam Format: | Multiple Response, Multiple Choice |
| Certificate Validity Period: | 18-24 months or subject to Oracle certification policy updates |
| Exam Price: | $245 USD (may vary by region) |
| Exam Duration: | 90 minutes |
| Related Certifications: | Oracle Cloud Applications Certifications Oracle Financials Cloud Certifications |
| Passing Score: | Approximately 68% (Oracle standard scaled score, may vary) |
| Recommended Training: | Oracle Accounting Hub Cloud Training Oracle Learning Subscription |
| Exam Registration: | Oracle Certification Registration Pearson VUE Oracle Exams |
| Sample Questions: |  |
| Exam Way: | Online proctored or test center (Pearson VUE) |
| Pre Condition: | No mandatory prerequisites, but familiarity with Oracle Financials Cloud and accounting concepts is recommended |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z0-1060-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Accounting Hub Cloud Overview | - Key business benefits and use cases - Concepts and architecture of Accounting Hub Cloud |
| Topic 2: Source Systems Integration | - Integrating external source systems - Data ingestion and transformation |
| Topic 3: Setup and Configuration | - Security and role configuration - Configuration of accounting methods - Implementation setup tasks |
| Topic 4: Reporting and Reconciliation | - Financial reporting outputs - Reconciliation processes |
| Topic 5: Accounting Hub Data Processing | - Import and validation of transactions - Event model and processing flow |
| Topic 6: Subledger Accounting and Rules | - Accounting rules definition - Journal generation process - Mapping sets and conditions |
Your Questions About the Oracle Accounting Hub Cloud 2021 Implementation Essentials Exam, Answered
The 1Z0-1060-21 exam is the required test for earning the Oracle Accounting Hub Cloud 2021 Implementation Essentials certification from Oracle. It assesses your command of the official exam objectives through scenario-based and knowledge questions, and the resulting credential is widely recognized by employers. Its reputation for difficulty is real but manageable — candidates who practice consistently with quality materials routinely walk in well prepared.
The official outline for the 1Z0-1060-21 exam highlights these domains:
- Subledger Accounting and Rules ()
- Accounting Hub Cloud Overview ()
- Accounting Hub Data Processing ()
Seeing the topics laid out this way often shrinks the exam's intimidation factor — each domain is a finite, learnable block, and the Oracle Accounting Hub Cloud 2021 Implementation Essentials practice questions at DumpsTests follow the same structure.
No mandatory prerequisites, but familiarity with Oracle Financials Cloud and accounting concepts is recommended
The 1Z0-1060-21 exam is demanding, but its difficulty is specific, not mysterious: unfamiliar question formats, time pressure, and a few heavily weighted domains. All three respond to the same remedy — repeated, timed exposure to exam-style questions. That is what the Oracle Accounting Hub Cloud 2021 Implementation Essentials practice materials at DumpsTests provide, and the free demo lets you measure the real difficulty yourself before committing, which is usually the moment the fear starts shrinking.
The 1Z0-1060-21 exam consists of 50-60 (typical Oracle format, exact number not officially fixed) questions with a time allowance of 90 minutes minutes. Practicing full sets under a similar time cap is the most direct way to make sure pacing never costs you points on exam day.
Oracle offers these training resources for candidates:
Official courses explain the material; practice questions teach you how the exam asks about it. Most successful candidates use both.
Because seeing beats guessing. The free demo of the 1Z0-1060-21 exam materials at DumpsTests contains genuine samples from the full Oracle Accounting Hub Cloud 2021 Implementation Essentials question set — same format, same expert-verified answers — and downloading it costs nothing. If you are unsure whether the materials match your level or your study style, the demo answers that question with evidence rather than marketing, and every demo on the site is free of charge.
The passing score is Approximately 68% (Oracle standard scaled score, may vary) and the exam fee is $245 USD (may vary by region). Knowing both numbers early helps you plan: aim to be consistently above the passing mark in timed practice sessions before you spend the fee on a booking.
Registration is available through the following official channels:
Many candidates find that booking a date early converts vague anxiety into a focused countdown — a useful psychological trick while working through the Oracle Accounting Hub Cloud 2021 Implementation Essentials practice questions.
Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:
Question #1
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. Use the Open Account Balances Listing report that has balances by customer.
- C. Use Supporting References to capture customer classification information.
- D. Capture customer information as the source and develop a custom report using Online Transactional Business Intelligence (OTBI).
Correct Answer: C 🗳️
Question #2
What can you override in a completed subledger journal entry?
- A. the descriptions
- B. the amounts
- C. the account
- D. the supporting Information
Correct Answer: C 🗳️
Question #3
Which is used to track a specific transaction attribute on subledger journal entries?
- A. value set rules
- B. lookup value rules
- C. supporting references
- D. account rules
Correct Answer: C 🗳️
Question #4
Given the business use case:
'New Trucks' runs a fleet of trucks in a rental business 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 sourcecode 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: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
How do you calculate discounts for use in the accounting rule?
- A. Use flexfield
- B. Usecustom formulas
- C. Use analytical calculations
- D. Use mapping set rules
Correct Answer: B 🗳️
Question #5
To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?
- A. Conversion type, conversion date and conversion rate
- B. Conversion type
- C. Conversion date and conversion rate
- D. Conversiontype and conversion date
Correct Answer: C 🗳️
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