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: Aug 12, 2026
  • Q & A: 62 Questions and Answers

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Oracle 1Z0-1060-20 Exam Syllabus Topics:

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

Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

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


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

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


3. A customer has a business requirement to provide additional information about subledger Journals that cannot be found in a predefined report.
How can you meet this requirement?

A) Use either Account Monitor or Account Inspector to get required Information.
B) Create a Smart View report using the query designer feature.
C) Build an OTBI analysis that includes a relevant subject area.
D) Build a Financial Reporting Studio report that includes all dimensions.


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

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


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


Solutions:

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

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