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Oracle 1Z0-1060-20

1Z0-1060-20

Exam Code: 1Z0-1060-20

Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials

Updated: Jul 19, 2026

Q&A Number: 62 Q&As

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Oracle 1Z0-1060-20 Exam Syllabus Topics:

SectionWeightObjectives
Implementation and Security10%- Administration and Security
  • 1. Role-based security
  • 2. Best practices and troubleshooting
  • 3. Implementation lifecycle
  • 4. User management
Source System Integration20%- Transaction Data Integration
  • 1. Source system registration
  • 2. Source data mapping
  • 3. Source system setup
  • 4. Transaction object configuration
  • 5. File-based data import
Reporting and Inquiry15%- Reporting Capabilities
  • 1. Reconciliation reporting
  • 2. Journal inquiry
  • 3. Transaction drill-down
  • 4. Accounting Hub reporting
Transaction Processing15%- Accounting Processing
  • 1. Transaction validation
  • 2. Error handling and diagnostics
  • 3. Accounting generation
  • 4. Transfer to General Ledger
Accounting Hub Overview10%- Accounting Hub Fundamentals
  • 1. Accounting Hub business benefits
  • 2. Source systems integration
  • 3. Subledger Accounting overview
  • 4. Accounting Hub architecture
Accounting Rules and Configuration30%- Subledger Accounting Configuration
  • 1. Mapping sets
  • 2. Supporting references
  • 3. Description rules
  • 4. Accounting methods
  • 5. Journal entry rules
  • 6. Account rules

Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. What is NOT included in the minimum required accounting attribute assignments?

A) Accounting Date
B) First Distribution Identifier
C) Second Distribution Identifier
D) Distribution Type


2. How do you enable diagnostics on subledger transaction sources?

A) enable transaction debug
B) enable diagnostic profile
C) enable diagnostic attribute
D) enable diagnostic source


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) Transfer in Details
B) Group by GL Date
C) Summarize by GL Date
D) Summarize by GL Period


4. Where do you define the currency conversion type to be used in converting accounted amount for reporting currency ledger?

A) Manage Reporting Currencies
B) Specify Ledger Options
C) Manage Accounting Attribute Assignments
D) Manage Subledger Accounting Options


5. Which transaction source is used to link transaction header and line information?

A) Transaction Date
B) Transaction Type
C) Transaction Key
D) Transaction Number


Solutions:

Question # 1
Answer: C
Question # 2
Answer: B
Question # 3
Answer: B
Question # 4
Answer: A
Question # 5
Answer: D

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