Free Oracle 1Z0-1060-24 Exam Actual Questions & Explanations

Last updated on: Jul 29, 2026

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Question No. 1

Your new Oracle Fusion Cloud customer has a reporting requirement to balance general ledger journals not only between companies (primary balancing segments and Legal Entities) but also within divisions. The proposed chart of account structure has the following nine segments:

Company-Division-Department-Account-Subaccount-Product-Intercompany-Future1-Future2

Which segment label should be selected on Division to achieve the reporting requirement?

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Correct Answer: B

Question No. 2

Which FOUR actions can you perform with the help of the Security Console?

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Correct Answer: C, D, E, F

Question No. 3

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

Question No. 4

Your client has a requirement to report directly from transactional tables and return the results in real-time, thus eliminating the need for a data warehouse.

Which tool would you suggest to your client to achieve this?

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Correct Answer: A

Question No. 5

Your client decides to implement Accounting Hub along with other Oracle-owned subledgers. They want to know about the predefined accounting methods that Oracle provides.

Which of the following THREE are predefined accounting methods?

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Correct Answer: C, D, E