Ace Oracle 1z0-1060-25 Certification with Actual Questions Oct 04, 2025 Updated
2025 The Most Effective 1z0-1060-25 with 84 Questions Answers
NEW QUESTION # 34
You are designing an income statement report with the help of Financial Reporting 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?
- A. [3,5][3,5][3,5]
- B. [3:5][3:5][3:5]
- C. [3;5][3;5][3;5]
- D. 3:5{3:5}3:5
Answer: B
NEW QUESTION # 35
You are tasked with identifying the reason for a user from your client organization not being able to submit the job that imports the transaction data for accounting and posting in General Ledger.
You realize that a duty role needs to be associated with a job role for authorizing the access to import the accounting transactions process.
Which duty role would you suggest?
- A. Accounting Hub Integration Duty Role
- B. Accounting Hub Create and Post Journal Entry Duty Role
- C. Accounting Hub Import Duty Role
- D. Accounting Hub Create Accounting Duty Role
Answer: A
NEW QUESTION # 36
Oracle Transactional Business Intelligence enables developers and end users to create meaningful analyses and reports by eliminating the need for SQL skills.
Which THREE tools can be used by developers and end users, while working with Oracle Transactional Business Intelligence?
- A. BI Mobile App Designer
- B. BI Answers
- C. BI Publisher
- D. BI Composer
- E. BI Drive
Answer: A,B,D
NEW QUESTION # 37
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?
- A. Reversal and Recognition
- B. Deferral and Recognition
- C. Multiperiod and Recognition
Answer: B
NEW QUESTION # 38
Which predefined role allows a user to manage the period close activities in the General Ledger (GL) application?
- A. General Accountant
- B. General Accounting Manager
- C. Financial Analyst
- D. Chief Financial Officer (CFO)
Answer: B
NEW QUESTION # 39
Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they process their transactions in a source system. You have been appointed as a consultant to implement Accounting Hub Cloud and standardize their accounting process. You decide to register their source system as a single application in Accounting Hub Cloud. Your customer wants to know the changes that are allowed after registering a source system.
Which THREE actions can be performed after registering a source system?
- A. Assign and update value set and lookup type assignments to sources
- B. Assign a named segment from the chart of accounts to the sources that correspond to the accounting flexfield identifiers
- C. Revise source names and add more sources through the user interface
- D. Add new event classes through the user interface
- E. Modify the subledger application name as long as there are no pending accounting entries
Answer: A,C,D
NEW QUESTION # 40
Your client, a banking organization, is currently using different transaction systems to take care of various 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.
Now the customer has asked you to add another transaction type called Loan Interest Accrual Reversal.
What should be your response to the customer?
- A. Loan Interest Accrual Reversal can be added as a new event type from the user interface.
- B. A new transaction type cannot be added after the source system is registered.
- C. Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template.
- D. The source system should be registered again by including the Loan Interest Accrual Reversal event type.
Answer: A
NEW QUESTION # 41
Your customer wants to monitor the balances of their key General Ledger (GL) accounts on a regular basis and asks your advice on the best reporting option.
Which reporting tool would you suggest?
- A. Oracle Transactional Business Intelligence
- B. Smart View
- C. Account Groups and Sunburst
- D. Financial Reporting Studio
Answer: C
NEW QUESTION # 42
You are implementing the Oracle Fusion Cloud Financial Accounting Hub (FAH) service for three legacy Receivables systems. As part of your FAH implementation project, the customer requests that general ledger journals be summarized to keep a thin general ledger as billing in the three source systems is per delivery.
Which two options can be used in FAH to create the requested general ledger journals?
- A. Summarize by general ledger date
- B. Summarize by journal category
- C. Group by general ledger period
- D. Group by general ledger date
- E. Summarize by general ledger period
- F. Summarize by journal source
Answer: A,E
NEW QUESTION # 43
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?
- A. ([3:5])
- B. ({3:5})
- C. ([3;5])
- D. ([3,5])
Answer: A
NEW QUESTION # 44
Which two conditions must be met for automatic data provisioning to work?
- A. The data provisioning rule has at least one job, one position, and one inventory organization assigned to it.
- B. At least one role is automatically provisioned to the user using role provisioning rules.
- C. At least one of the user's assignments matches all data-mapping conditions in a data provisioning rule.
Answer: B,C
NEW QUESTION # 45
Which two actions can you accomplish for a registered source system?
- A. Revise source Information through the user interface and add more sources
- B. Add new event classes through the user interface
- C. Modify the subledger application name as long as there are no pending accounting entries
- D. Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet
Answer: A,D
NEW QUESTION # 46
You are explaining to an accountant that account override is an adjustment feature of subledger accounting.
Which two traits can help you explain this?
- A. It adjusts the original source transaction
- B. It enables users to record a reason for the adjustment
- C. It provides an audit trail by preserving the original subledger journal entry
- D. It is intended to correct only the subledger journals that have been posted
Answer: B,C
NEW QUESTION # 47
You are assigned to troubleshoot a Create Accounting error.
Which is the first step that you need to perform to use the Diagnostics Framework feature?
- A. Set the 'SLA: Enable Diagnostic' profile option.
- B. Run Create Accounting again to generate journal entries for the events that ended in error.
- C. Submit the Accounting Event Diagnostic process.
- D. Run the Accounting Event Diagnostic report.
Answer: A
NEW QUESTION # 48
You have recently created an analysis to review periodic revenue amounts using Smart View. Your customer wants to use the drill-through option to get more details about the balances appearing in the analysis.
Which two drill-through options are available for use?
- A. Drill to Financial Reporting Center
- B. Drill to Detail Balances
- C. Drill to Account Group
- D. Drill to Account Inspector
Answer: A,B
NEW QUESTION # 49
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