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

  • Exam Code: 1Z0-1060-20
  • Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
  • Updated: Sep 21, 2026
  • Q&As: 62 Questions and Answers

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Oracle 1Z0-1060-20 Exam Syllabus Topics:

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

Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

Question #1

What automation option is NOT available when uploading transaction data to Accounting Hub Cloud?

  • A. Oracle Web Center Content Client Command line tool
  • B. ERP Integration Service
  • C. Oracle Virtual Web Center Services
  • D. Oracle UCM Web Services
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #2

What is the key attribute that is used to query journal entries of a registered source system?

  • A. Transaction Date
  • B. Accounting Date
  • C. Ledger Name
  • D. Journal Source
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #3

Which two options allow validating input values on mapping sets?

  • A. Chart of accounts segment
  • B. Value sets
  • C. Segment values
  • D. Lookup types
Reveal Solution  Discussion  0

Correct Answer: B,D  🗳️

Question #4

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 wil the typical transaction information be at the header level?

  • A. Amount
  • B. Currency
  • C. Customer Number
  • D. Line Type
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #5

You need to build a complex account rule. Which four value types you use in yourdefinition?

  • A. Account Combination
  • B. Source
  • C. Existing Account Rule
  • D. Constant
  • E. Mapping Set
  • F. Value Set
Reveal Solution  Discussion  0

Correct Answer: B,C,D,E  🗳️

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