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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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| Section | Objectives |
|---|---|
| Topic 1: Accounting Rules and Mapping | - Accounting rule definition
|
| Topic 2: Reporting and Reconciliation | - Financial reporting outputs
|
| Topic 3: Configuration and Setup | - Initial setup tasks
|
| Topic 4: Accounting Hub Cloud Overview | - Architecture and key components
|
| Topic 5: Data Integration and Processing | - Transaction processing
|
| Topic 6: Implementation and Administration | - Deployment and maintenance
|
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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