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Oracle 1Z0-1060-20 : 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: Sep 07, 2026

Q & A: 62 Questions and Answers

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Oracle 1Z0-1060-20 Exam Syllabus Topics:

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

Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

Question #1

You have been assigned to troubleshoot a Create Accounting error.
What is the first step you need to take to use the diagnostics framework features?

A. Run the Accounting Events Diagnostic Report.
B. Submit the Accounting Event Diagnostics process.
C. Set the "SLA: Diagnostics Enabled" profile option.
D. Run Create Accounting again to generate journal entries for the events that ended in error.


Question #2

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

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


Question #3

Given the journal:

What is the terminology that is used to identify the "Account Number', 'Original Balance' , and 'Origination Date' fields?

A. Attribute Identifier
B. System Identifier
C. Source System Identifier
D. User Transaction Identifier


Question #4

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 Reporting Currencies
D. Manage Subledger Accounting Options


Question #5

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


Solutions:

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

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