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: Aug 01, 2026

Q & A: 62 Questions and Answers

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Oracle 1Z0-1060-20 Exam Syllabus Topics:

SectionObjectives
Topic 1: Accounting Rules and Mapping- Accounting rule definition
  • 1. Rules-based accounting configuration
    • 2. Mapping sets and derivation rules
      Topic 2: Reporting and Reconciliation- Financial reporting outputs
      • 1. Reconciliation processes
        • 2. Journal and subledger reporting
          Topic 3: Configuration and Setup- Initial setup tasks
          • 1. Ledger and accounting setup considerations
            • 2. Source system configuration
              Topic 4: Accounting Hub Cloud Overview- Architecture and key components
              • 1. Integration with Oracle Financials Cloud
                • 2. Accounting Hub Cloud positioning and use cases
                  Topic 5: Data Integration and Processing- Transaction processing
                  • 1. Importing source transactions
                    • 2. Accounting entry generation process
                      Topic 6: Implementation and Administration- Deployment and maintenance
                      • 1. Security and roles setup
                        • 2. Troubleshooting and monitoring

                          Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

                          1. A customer has four external systems: Consumer Loan, Auto Loan, Home Loan and Insurance. Functional users are allowed to process and view transactions and accounting for all these systems.
                          Which two implementations allow similar accounting rules to be shared?

                          A) One subledger for Consumer Loan and Auto Loan, and one subledger for Home Loan and Insurance.
                          B) One subledger for all 4 source systems.
                          C) One subledger for each source system.
                          D) One subledger for the 3 Loan systems and one subledger for Insurance.


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


                          3. Which transaction source is used to link transaction header and line information?

                          A) Transaction Date
                          B) Transaction Key
                          C) Transaction Type
                          D) Transaction Number


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

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


                          5. What is a user job role data context assignment?

                          A) Security data role context assignment to a user job role
                          B) Security privileges assignment to a user job role
                          C) Duty role context assignment to a user
                          D) Security data access context assignment to a user job role


                          Solutions:

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

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