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Reliable 1z0-1060-25 Exam Pattern | Valid 1z0-1060-25 Test Duration

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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions (Q65-Q70):

NEW QUESTION # 65
Which transaction source is used to link transaction header and line information?

A. Transaction Key
B. Transaction Type
C. Transaction Number
D. Transaction Date

Answer: C

NEW QUESTION # 66
Your client has decided to implement Accounting Hub along with other Oracle-owned subledgers. They want to know about the predefined accounting methods that Oracle provides.
Which three are the predefined accounting methods?

A. Standard Accrual for China
B. Standard Accrual with Encumbrances
C. Standard Accrual for USA
D. Standard Accrual for Japan
E. Standard Accrual

Answer: B,D,E

NEW QUESTION # 67
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 Trucks" 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. "New Trucks" and "Fix Trucks" are located in the same country and share a chart of accounts and accounting conventions.
How many ledgers are required to be set up?

A. One primary, one secondary ledger
B. Two primary ledgers
C. One primary, one reporting currency ledger
D. One primary ledger

Answer: D

NEW QUESTION # 68
Your customer has four external systems to manage their home loan, auto loan, consumer loan, and personal loan businesses. They decide to implement Accounting Hub to import their transactional data for generating journal entries from these source systems. While evaluating different possibilities, they ask for your suggestion about the sharing of accounting rules for these external systems.
Which implementation setup allows the sharing of accounting rules for all four external systems?

A. One subledger for all four source systems
B. Two subledgers; one for home loan and auto loan and another for consumer loan and personal loan.
C. Three subledgers; one for home loan and auto loan, second for consumer loan, and third for personal loan
D. Four subledgers; one for each source system

Answer: A

NEW QUESTION # 69
Which statement is true about journal entry rule sets?

A. Description rules can be assigned at both the header and the line level of a journal entry rule set.
B. Description rules can be assigned only at the line level of a journal entry rule set.
C. Description rules can be assigned only at the header level of a journal entry rule set.

Answer: A

NEW QUESTION # 70
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