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Oracle 1z1-975 : Oracle Accounting Hub Cloud Service 2017 Implementation Essentials
- Exam Code: 1z1-975
- Exam Name: Oracle Accounting Hub Cloud Service 2017 Implementation Essentials
- Updated: Oct 08, 2026
- Q & A: 60 Questions and Answers
About Oracle 1z1-975 Exam
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Oracle 1z1-975 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Accounting Hub Overview & Modeling | 15% | - Modeling considerations: transaction type, ledger structure, legal entities - Accounting Hub concepts and architecture |
| Topic 2: Transaction Processing & Adjustments | 10% | - Upload and correct transaction data - Web service automation - Adjust and override journal entries |
| Topic 3: Accounting Rule Configuration | 25% | - Journal line rules, account rules, mapping sets - Define accounting methods and journal entry rule sets - Description rules, supporting references, user-defined formulas |
| Topic 4: Reporting, Audit & Diagnostics | 15% | - Security and period close reporting - Subledger accounting diagnostics - Create OTBI and BIP reports |
| Topic 5: Ledger & Chart of Accounts Setup | 15% | - Intercompany, gain/loss, multiperiod entries - Configure ledgers and chart of accounts - Journal edits and validations |
| Topic 6: Register Source System & Integration | 20% | - Register source systems and ICS integration - Transaction and line information configuration - Update registered source systems and attributes |
1z1-975 Exam: Answers Before You Buy
Registration for the Oracle Accounting Hub Cloud Service 2017 Implementation Essentials exam costs $245 USD, and passing requires 60%. Retakes cost the full fee again, so gauge your readiness with the Prep4away practice engines before booking your seat.
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The 1z1-975 exam is a Oracle certification exam validating the skills in the Oracle Accounting Hub Cloud Service 2017 Implementation Essentials syllabus shown above. It counts toward these credential paths: Oracle Financials Cloud. Candidates at many career stages take it in 2026 to demonstrate verified capability. Prep4away prepares you with 60 practice questions in PDF, Desktop Test Engine, and Online Test Engine formats.
Everything, in one purchase: 60 practice questions for the Oracle Accounting Hub Cloud Service 2017 Implementation Essentials exam in three formats — a printable, expert-prepared PDF with instant download; a Desktop Test Engine for Windows that simulates the real exam with two practice modes and works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. You also receive a free demo, 365 days of free updates from a team that keeps innovating on the material, a 50% renewal discount afterward, unlimited installations, and considerate pre-sale and after-sale service.
The Oracle Accounting Hub Cloud Service 2017 Implementation Essentials exam contains 60-70 with 120 minutes to complete them. Practicing under the same time constraint with the Prep4away Desktop Test Engine makes exam-day pacing feel rehearsed.
No formal prerequisites; recommended experience in Oracle Financials Cloud and accounting implementation Since policies evolve, confirm the current requirements on the official Oracle exam page before you schedule.
Oracle recommends the following training for the Oracle Accounting Hub Cloud Service 2017 Implementation Essentials exam:
Supplement the training with the 60 practice questions from Prep4away — self-testing reveals what training alone cannot.
The official Oracle Accounting Hub Cloud Service 2017 Implementation Essentials outline defines 6 domains, the three largest being Reporting, Audit & Diagnostics (15%), Accounting Rule Configuration (25%), and Register Source System & Integration (20%). The complete list is in the topics section above, and Prep4away's 60 practice questions address every domain.
Oracle Accounting Hub Cloud Service 2017 Implementation Essentials Sample Questions:
Question #1
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 custom formulas
- B. Use mapping set rules
- C. Use flexfield
- D. Use analytical calculations
Correct Answer: B 🗳️
Question #2
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.
What do you do to enable costs flow from 'New Truck' to 'Fix Truck'?
- A. Enable balancing rules
- B. Enable legal entity rule
- C. Enable chart of accounts rule
- D. Enable intercompany balancing option
Correct Answer: C 🗳️
Question #3
A customer's business requirement demands a more granular view of transferred subledger journal entries in GL.
Which of the available General Ledger Journal Entry Summarization options meets this requirement?
- A. Group by GL Date
- B. Summarize by GL Period
- C. Summarize by GL Date
- D. Transfer in Details
Correct Answer: C 🗳️
Question #4
You are explaining to an accountant that account override is an adjustment feature of Subledger Accounting.
Which two traits can help you explain this feature?
- A. The account override feature adjusts the original source transaction.
- B. The account override feature allows users to record a reason for the adjustment.
- C. The account override feature is only intended to correct subledger journals that have been posted.
- D. The account override feature provides an audit trail by preserving the original subledger journal entry.
Correct Answer: B 🗳️
Question #5
What automation option is NOT available when uploading transaction data to Accounting Hub Cloud?
- A. Oracle UCM Web Services
- B. Oracle Virtual Web Center Services
- C. Oracle Web Center Content Client Command line tool
- D. ERP Integration Service
Correct Answer: B 🗳️
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