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Oracle 1Z0-1060-24 Exam Dumps

Get All Oracle Accounting Hub Cloud 2024 Implementation Professional Exam Questions with Validated Answers

1Z0-1060-24 Pack
Vendor: Oracle
Exam Code: 1Z0-1060-24
Exam Name: Oracle Accounting Hub Cloud 2024 Implementation Professional
Exam Questions: 80
Last Updated: October 10, 2026
Related Certifications: Oracle Cloud , Enterprise Business Processes (SaaS - ERP)
Exam Tags: Professional Level Financial AnalystsAccounting Professionals
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Free Oracle 1Z0-1060-24 Exam Actual Questions

Question No. 1

Your client is part of the financial services industry and manages various types of transactions, such as Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep, in their source system. They want to retrieve the value of the Natural Account segment directly from the source system and are seeking your advice on this requirement.

Which TWO should you factor into your advice on how to register the source system using the spreadsheet template to meet your client requirement?

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Correct Answer: A, C

Question 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?

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Correct Answer: D

Question No. 3

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?

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Correct Answer: D

Question No. 4

Your client has operations in both the US and the UK. They currently use a third-party billing system to process transactions, such as Complete an Invoice, Record a Payment, Record Late Charges, and Recognize Revenue. You are part of the implementation team for the Accounting Hub solution. Your client wants to retrieve chart of accounts values for the line of business segment based on customer classification.

You decide to use the mapping sets functionality to fulfill this requirement.

Which THREE statements are true about using mapping sets?

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Correct Answer: A, C, E

Question No. 5

Which transaction source is used to link transaction header and line information?

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Correct Answer: C

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