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

  • Exam Code: 1Z0-1060-20
  • Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
  • Updated: Aug 15, 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. Reconciliation reporting
  • 2. Accounting Hub reporting
  • 3. Journal inquiry
  • 4. Transaction drill-down
Transaction Processing15%- Accounting Processing
  • 1. Accounting generation
  • 2. Error handling and diagnostics
  • 3. Transaction validation
  • 4. Transfer to General Ledger
Source System Integration20%- Transaction Data Integration
  • 1. Source system setup
  • 2. Source data mapping
  • 3. Transaction object configuration
  • 4. Source system registration
  • 5. File-based data import
Implementation and Security10%- Administration and Security
  • 1. User management
  • 2. Role-based security
  • 3. Best practices and troubleshooting
  • 4. Implementation lifecycle
Accounting Hub Overview10%- Accounting Hub Fundamentals
  • 1. Subledger Accounting overview
  • 2. Accounting Hub architecture
  • 3. Source systems integration
  • 4. Accounting Hub business benefits
Accounting Rules and Configuration30%- Subledger Accounting Configuration
  • 1. Description rules
  • 2. Account rules
  • 3. Journal entry rules
  • 4. Accounting methods
  • 5. Supporting references
  • 6. Mapping sets

Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. A new source system has been registered into Accounting Hub Cloud. Users are actively using this new subledqer. Subsequently, the business signed up a contract with a new supplier. A new mapping value that maps suppliers with the accounts needs to be added. You make updates on the mappings in the existing mapping set rule by adding more mapping valued.
After saving the update, what is the next required action?

A) Download a new transaction data template.
B) Activate the accounting method.
C) Activate the journal entry rule set.
D) There is no required action. The mapping addition is complete.


2. What kind of sequence can be assigned to subledger journal entries at the time that the journal entries are created in final mode?

A) Reporting Sequence
B) Document Sequence
C) Journal Entry Sequence
D) Accounting Sequence


3. To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?

A) Conversion type, conversion date and conversion rate
B) Conversion type
C) Conversion date and conversion rate
D) Conversion type and conversion date


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

A) Source
B) Existing Account Rule
C) Account Combination
D) Value Set
E) Mapping Set
F) Constant


5. How many transaction event classes can be set up for a subledger uploaded to Accounting Hub Cloud?

A) Unlimited
B) Two
C) Three
D) One


Solutions:

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

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