Free Oracle 1Z0-1060-24 Exam Actual Questions

The questions for 1Z0-1060-24 were last updated On Apr 13, 2025

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Question No. 1

The Insurance for Homes company provides home insurance services in the USA, the UK, France, and Italy. It is headquartered in the US

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Correct Answer: A, A, B

Question No. 2

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. 3

Your client has implemented the Accounting Hub Cloud solution. They import their transaction data from the source system on a daily basis, and while doing so, some transactions are not being accounted properly. They want these invalid transactions purged and the correct transactions re-imported.

Which job would you submit to purge the invalid transactions?

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Correct Answer: A

Question No. 4

A manual subledger journal did not reverse. What could be the reason for this?

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Correct Answer: D

Question No. 5

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?

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Correct Answer: C, E