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

1Z0-1060-20 real exams

Exam Code: 1Z0-1060-20

Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials

Updated: Jul 22, 2026

Q & A: 62 Questions and Answers

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Oracle 1Z0-1060-20 Exam Syllabus Topics:

SectionWeightObjectives
Transaction Processing15%- Create Accounting process
- Transfer to General Ledger
- Transaction validation and error handling
Reporting and Inquiry15%- Journal inquiry and drill-down
- Reconciliation and diagnostics
- Accounting Hub reports and dashboards
Accounting Hub Overview10%- Architecture and core concepts
- Subledger Accounting (SLA) overview
- Business benefits and use cases
Accounting Rules Configuration30%- Description and journal line rules
- Event model and event classes/types
- Account rules and mapping sets
- Supporting references and accounting methods
Implementation and Security10%- Role-based access control
- Troubleshooting and best practices
- Implementation lifecycle
Source System Integration20%- Define transaction objects and attributes
- Register source systems
- File-based data import and mapping

Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. Which three duty roles are required to perform Accounting Hub setup tasks?

A) Accounting Hub Integration
B) Accounting Hub Administration
C) Accounting Hub Maintenance
D) Application Implementation Consultant
E) Subledger Accounting Manager


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


3. Which is used to track a specific transaction attribute on subledger journal entries?

A) value set rules
B) account rules
C) supporting references
D) lookup value rules


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

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


5. You are implementing Fusion Accounting Hub for your external Accounts Receivables system. The external system sends invoices billed and cash receipts in a flat file, along with the customer classification information.
You want the accounting amounts to be tracked by customers too but you do not want to add a Customer segment to your chart of accounts.
What is the solution?

A) Use Supporting References to capture customer classification information.
B) Capture customer information as the source and develop a custom report using Online Transactional Business Intelligence (OTBI).
C) Use the Open Account Balances Listing report that has balances by customer.
D) Use the Third Party Control Account feature.


Solutions:

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

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