Oracle Accounting Hub Cloud 2020 Implementation Essentials : 1Z0-1060-20

1Z0-1060-20 real exams

Exam Code: 1Z0-1060-20

Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials

Updated: Aug 27, 2026

Q & A: 62 Questions and Answers

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Oracle 1Z0-1060-20 Exam Syllabus Topics:

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

Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

Question 1

How do you enable diagnostics on subledger transaction sources?

A. enable diagnostic attribute
B. enable diagnostic profile
C. enable diagnostic source
D. enable transaction debug


Question 2

What is the terminology that is used to refer to the number of transactions processed by Create Accounting in one commit cycle?

A. Processing Unit Size
B. Buffer Unit Size
C. Virtual Machine Processing Size
D. Accounting Unit Commit Size


Question 3

Which four options are used to reconcile subledger journal entries?

A. Set up reconciliation using the reconciliation reference accounting attribute.
B. Run the Subledger Accounting Diagnostics report.
C. Tag supporting references with journal entry lines.
D. Assign a descriptive text and source on journal lines.
E. Run the Subledger Accounting Method Setups report.
F. Build a custom OTBI report.


Question 4

You are implementing Fusion Accounting Hub for your external Accounts Receivables system. The external system sends invoices billed and cash receipts in a flat file, along with the customer classification information.
You want the accounting amounts to be tracked by customers too but you do not want to add a Customer segment to your chart of accounts.
What is the solution?

A. Use Supporting References to capture customer classification information.
B. Use the Third Party Control Account feature.
C. Use the Open Account Balances Listing report that has balances by customer.
D. Capture customer information as the source and develop a custom report using Online Transactional Business Intelligence (OTBI).


Question 5

You need to build a complex account rule. Which four value types you use in yourdefinition?

A. Existing Account Rule
B. Constant
C. Source
D. Account Combination
E. Mapping Set
F. Value Set


Solutions:

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

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