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

1Z0-1060-20 pass collection

Exam Code: 1Z0-1060-20

Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials

Updated: Jul 24, 2026

Q & A: 62 Questions and Answers

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Oracle 1Z0-1060-20 Exam Syllabus Topics:

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

Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. After supporting references balances setup component is tagged to subledger journal entries, what type of reports need to be created so that the information is available to users?

A) an Oracle Financial Reporting Studio report
B) an Oracle Transactional Business Intelligence analysis
C) a predefined Oracle Business Intelligence Publisher report
D) a Smart View Report


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


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

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


4. There is a business requirement to display supporting information with some text and source value at the journal line level that will vary depending on the entered amounts for the line.
What is the solution to implement this requirement?

A) define journal line rules with conditions
B) define journal entry rule set with condition
C) define line description rule with condition
D) define user transaction line identifier


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


Solutions:

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

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