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Oracle 1Z0-1060-20

1Z0-1060-20

Exam Code: 1Z0-1060-20

Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials

Updated: Oct 27, 2026

Q&A Number: 62 Q&As

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Oracle 1Z0-1060-20 Exam Syllabus Topics:

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

Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

Question #1
The new billing source system has been registered into Accounting Hub Cloud. The subledger is in active state. At a later date, the business decides to bring in another legacy system (for example, a payment system) for accounting in Accounting Hub.
What two options do you have?

A. Add this as a new transaction typo into existing subledger registration spreadsheet template.
B. Change the transaction data file.
C. Register it as a new source system.
D. Add this as a new transaction type into existing registered subledger from the user interface.


Question #2
Which is an alternate way to implement a mapping set rule?

A. Define a lookup type rule with conditions.
B. Define a chart of account rule with conditions.
C. Define an account rule with conditions.
D. Define a flexfield rule with conditions.


Question #3
Which two can you use to view supporting reference balances?

A. Use Oracle Transactional Business Intelligence to create an analysis using the Subledger Accounting - Supporting Reference Real Time subject area.
B. Use the Supporting Reference Balance Inquiry page.
C. Submit the standard Supporting Reference Balances Report.
D. Use Business Intelligence Publisher to build a custom report.


Question #4
Which three duty roles are required to perform Accounting Hub setup tasks?

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


Question #5
Given the subledger journal entry:

Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?

A. It is not balanced by balancing segment.
B. It appears correct.
C. It is not balanced by entered amounts.
D. It is not balanced by entered currency.


Solutions:

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

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