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Oracle 1z1-975 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Accounting Hub Cloud Service 2017 Implementation Essentials |
| Exam Number: | 1Z0-975 |
| Exam Duration: | 120 minutes |
| Related Certifications: | Oracle Financials Cloud Certifications Oracle ERP Cloud Certifications |
| Exam Format: | Multiple Choice, Multiple Response |
| Available Languages: | English |
| Recommended Training: | Oracle Financials Cloud Training |
| Exam Registration: | Pearson VUE Oracle Exams Oracle Certification Registration |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored exam or test center (Oracle Pearson VUE delivery) |
| Pre Condition: | Basic knowledge of Oracle Financials Cloud or ERP Cloud is recommended. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1z1-975 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Reconciliation | - Account analysis and reporting - Reconciliation processes |
| Topic 2: Accounting Hub Cloud Overview | - Core concepts and architecture - Business benefits and use cases |
| Topic 3: Accounting Rules | - Rule sets and processing logic - Mapping and derivation rules - Rules definition and structure |
| Topic 4: Source Systems Integration | - Data import and transformation - Source system definition |
| Topic 5: Accounting Transformations and Processing | - Validation and error handling - Subledger accounting flow |
| Topic 6: Configuration and Setup | - Ledger and accounting setup - Application configuration tasks |
1z1-975 Exam Details Before You Buy
Oracle recommends these training resources for candidates:
An effective training course builds understanding; scored practice with expert-verified answers builds exam readiness. The two work best together.
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The official outline divides the 1z1-975 exam into weighted domains, including:
- Reporting and Reconciliation ()
- Source Systems Integration ()
- Accounting Hub Cloud Overview ()
The Oracle Accounting Hub Cloud Service 2017 Implementation Essentials practice questions at Pass4training are organized around these same objectives, so your scored mock results map directly onto the areas that need work.
The 1z1-975 exam leads to the Oracle Accounting Hub Cloud Service 2017 Implementation Essentials certification from Oracle, one of the more popular credentials among IT professionals — and it is genuinely not easy to pass. The workable approaches are well known: invest focused time and energy, take an effective training course, and practice with material that mirrors the real exam. Preparation quality, not luck, separates the attempts that succeed from the ones that need repeating.
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A good moment to register is when your scored practice results stay consistently strong — let measurement, not mood, set the date.
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Basic knowledge of Oracle Financials Cloud or ERP Cloud is recommended.
Oracle Accounting Hub Cloud Service 2017 Implementation Essentials Sample Questions:
What is the recommended approach for a use case in which some parts of the transaction data must be processed before uploading them to Accounting Hub Cloud?
- A. Use Oracle OTBI tool.
- B. Use PaaS tools, for example, ICS - to perform ETL tasks.
- C. Use a web service tool.
- D. Use Oracle ERP Integration tool.
Correct Answer: D 🗳️
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 Truck' 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. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
How do you calculate discounts for use in the accounting rule?
- A. Use mapping set rules
- B. Use custom formulas
- C. Use flexfield
- D. Use analytical calculations
Correct Answer: A 🗳️
Given the business use case:
'Insurances for Homes'company provides home insurance services. They have an in-house built system that processes insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all Journal entries in a secure and auditablerepository. Access will be limited to selective staff members. Additionally, the company need to be able to report and view the entries using advanced reporting and analytical tools for segmenting, viewing and understanding data in the journal entries.
The line information may contain more than one line for the same header.
When uploading transactions, which is a way to differentiate each Journal line?
- A. Assign a line classification or line type attribute.
- B. You do not need to do anything additional.
- C. Assign an accounting attribute.
- D. Assign a custom formula.
Correct Answer: C 🗳️
'Insurances for Homes' company provide home insurance service. They have in house built system that processes home insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, be able to report and view the entries using an advanced reporting and analytical tools for slicing and dicing the Journal entries.
Insurance premium is to be recognized as income across the-coverage period of the insurance policy. How do you link the two journal lines in the recurring journal entries cases, so that these two journal lines are identified by the accounting process to create recurring Journal entries?
- A. Accounting class
- B. Multiperiod class
- C. Recognition Journal class
- D. Recurring Journal class
Correct Answer: B 🗳️
What is the key attribute that is used to query journal entries of a registered source system?
- A. Transaction Date
- B. Journal Source
- C. Ledger Name
- D. Accounting Date
Correct Answer: C 🗳️
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