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Exam Code: 1Z0-1060-20
Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
Updated: Jul 28, 2026
Q & A: 62 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Implementation and Security | 10% | - Role-based access control - Implementation lifecycle - Troubleshooting and best practices |
| Reporting and Inquiry | 15% | - Accounting Hub reports and dashboards - Journal inquiry and drill-down - Reconciliation and diagnostics |
| Accounting Hub Overview | 10% | - Architecture and core concepts - Business benefits and use cases - Subledger Accounting (SLA) overview |
| Transaction Processing | 15% | - Transfer to General Ledger - Transaction validation and error handling - Create Accounting process |
| Accounting Rules Configuration | 30% | - Account rules and mapping sets - Event model and event classes/types - Description and journal line rules - Supporting references and accounting methods |
| Source System Integration | 20% | - Register source systems - Define transaction objects and attributes - File-based data import and mapping |
1. You need to build a complex account rule. Which four value types you use in yourdefinition?
A) Value Set
B) Constant
C) Source
D) Account Combination
E) Existing Account Rule
F) Mapping Set
2. What is the key attribute that is used to query journal entries of a registered source system?
A) Journal Source
B) Accounting Date
C) Ledger Name
D) Transaction Date
3. To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?
A) Conversion type
B) Conversion type, conversion date and conversion rate
C) Conversion date and conversion rate
D) Conversion type and conversion date
4. 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) Tell them this cannot be implemented.
B) Add new transaction sources from the user interface.
C) Register another source system that includes these new transaction sources.
D) Add new transaction sources in the current source system registration spreadsheet and re-upload the spreadsheet file.
5. Given the journal:
What is the terminology that is used to identify the "Account Number', 'Original Balance' , and 'Origination Date' fields?
A) Attribute Identifier
B) Source System Identifier
C) System Identifier
D) User Transaction Identifier
Solutions:
| Question # 1 Answer: B,C,E,F | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: A |
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