Oracle 1Z0-1060-20 Exam : Oracle Accounting Hub Cloud 2020 Implementation Essentials

Oracle 1Z0-1060-20 exam
  • Exam Code: 1Z0-1060-20
  • Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
  • Updated: Jul 25, 2026
  • Q & A: 62 Questions and Answers
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Oracle 1Z0-1060-20 Exam Syllabus Topics:
SectionWeightObjectives
Topic 1: Transaction Processing15%- Transfer to General Ledger
- Transaction validation and error handling
- Create Accounting process
Topic 2: Implementation and Security10%- Role-based access control
- Troubleshooting and best practices
- Implementation lifecycle
Topic 3: Source System Integration20%- File-based data import and mapping
- Register source systems
- Define transaction objects and attributes
Topic 4: Accounting Hub Overview10%- Architecture and core concepts
- Business benefits and use cases
- Subledger Accounting (SLA) overview
Topic 5: Accounting Rules Configuration30%- Description and journal line rules
- Account rules and mapping sets
- Supporting references and accounting methods
- Event model and event classes/types
Topic 6: Reporting and Inquiry15%- Journal inquiry and drill-down
- Reconciliation and diagnostics
- Accounting Hub reports and dashboards
Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. Which two options allow validating input values on mapping sets?

A) Lookup types
B) Chart of accounts segment
C) Segment values
D) Value sets


2. A financial analyst at your workplace would like to frequently view Journal entries report with all line details attributes with user's specific set of criteria and pivot table.
What is the solution to implement this requirement quickly?

A) Request support team to download subledger Journal entry data.
B) Build a new data warehouse solution.
C) Run predefined reports and filter the report with the available report parameters.
D) Build a custom Oracle Transactional Business Intelligence report on subledger accounting subject areas.


3. 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 Oracle ERP Integration tool.
C) Use a web service tool.
D) Use PaaS tools, for example, ICS - to perform ETL tasks.


4. After registering a new source system into Accounting Hub and going live for a short period, your customer identified the need to add additional transaction sources. What should you do?

A) Register another source system that includes these new transaction sources.
B) Add new transaction sources from the user interface.
C) Tell them this cannot be implemented.
D) Add new transaction sources in the current source system registration spreadsheet and re-upload the spreadsheet file.


5. What is the required date format used to import accounting transactions to Accounting Hub Cloud?

A) YYYY-MM-DD
B) The user can customize the date format
C) MM-DD-YYYY
D) DD-MON-YYYY


Solutions:

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

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