Oracle 1Z0-1060-20 Q&A - in .pdf

  • 1Z0-1060-20 pdf
  • Exam Code: 1Z0-1060-20
  • Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
  • Updated: Aug 17, 2026
  • Q & A: 62 Questions and Answers
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  • Exam Code: 1Z0-1060-20
  • Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
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  • Updated: Aug 17, 2026
  • Q & A: 62 Questions and Answers
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  • Exam Code: 1Z0-1060-20
  • Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
  • Updated: Aug 17, 2026
  • Q & A: 62 Questions and Answers
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Oracle 1Z0-1060-20 Exam Syllabus Topics:
SectionObjectives
Topic 1: Implementation and Administration- Deployment and maintenance
  • 1. Security and roles setup
    • 2. Troubleshooting and monitoring
      Topic 2: Accounting Hub Cloud Overview- Architecture and key components
      • 1. Integration with Oracle Financials Cloud
        • 2. Accounting Hub Cloud positioning and use cases
          Topic 3: Accounting Rules and Mapping- Accounting rule definition
          • 1. Mapping sets and derivation rules
            • 2. Rules-based accounting configuration
              Topic 4: Data Integration and Processing- Transaction processing
              • 1. Importing source transactions
                • 2. Accounting entry generation process
                  Topic 5: Reporting and Reconciliation- Financial reporting outputs
                  • 1. Reconciliation processes
                    • 2. Journal and subledger reporting
                      Topic 6: Configuration and Setup- Initial setup tasks
                      • 1. Ledger and accounting setup considerations
                        • 2. Source system configuration
                          Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

                          1. What can you override in a completed subledger journal entry?

                          A) the descriptions
                          B) the account
                          C) the amounts
                          D) the supporting Information


                          2. A new source system has been registered into Accounting Hub Cloud. Users are actively using this new subledqer. Subsequently, the business signed up a contract with a new supplier. A new mapping value that maps suppliers with the accounts needs to be added. You make updates on the mappings in the existing mapping set rule by adding more mapping valued.
                          After saving the update, what is the next required action?

                          A) Download a new transaction data template.
                          B) Activate the accounting method.
                          C) There is no required action. The mapping addition is complete.
                          D) Activate the journal entry rule set.


                          3. Where do you define the currency conversion type to be used in converting accounted amount for reporting currency ledger?

                          A) Manage Accounting Attribute Assignments
                          B) Specify Ledger Options
                          C) Manage Subledger Accounting Options
                          D) Manage Reporting Currencies


                          4. Which is used to track a specific transaction attribute on subledger journal entries?

                          A) value set rules
                          B) account rules
                          C) lookup value rules
                          D) supporting references


                          5. After supporting references balances setup component is tagged to subledger journal entries, what type of reports need to be created so that the information is available to users?

                          A) an Oracle Financial Reporting Studio report
                          B) a Smart View Report
                          C) a predefined Oracle Business Intelligence Publisher report
                          D) an Oracle Transactional Business Intelligence analysis


                          Solutions:

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

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