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

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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1Z0-1060-20 exam dumps

Oracle 1Z0-1060-20 Exam Syllabus Topics:

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

Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?

A) Conversion type and conversion date
B) Conversion date and conversion rate
C) Conversion type
D) Conversion type, conversion date and conversion rate


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) Tell them this cannot be implemented.
B) Register another source system that includes these new transaction sources.
C) Add new transaction sources in the current source system registration spreadsheet and re-upload the spreadsheet file.
D) Add new transaction sources from the user interface.


3. What is the required date format used to import accounting transactions to Accounting Hub Cloud?

A) The user can customize the date format
B) DD-MON-YYYY
C) MM-DD-YYYY
D) YYYY-MM-DD


4. Most of the accounting entries for transaction from the source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use the TAX_AMOUNT source.
At what level can you override the default accounting attribute assignment?

A) Journal Line Rule
B) Journal Entry Rule Set
C) Event Class
D) Event Type
E) Journal Entry


5. What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?

A) synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
B) provide real-time visibility to financial reports in FAH Reporting Cloud Service
C) transfer Balances to FAH Reporting Cloud Service
D) upload transaction data into FAH Reporting Cloud Service


Solutions:

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

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