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

1Z0-1060-20

Exam Code: 1Z0-1060-20

Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials

Updated: Aug 06, 2026

Q & A: 62 Questions and Answers

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Oracle 1Z0-1060-20 Exam Syllabus Topics:

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

Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

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

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


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


3. Which two can you use to view supporting reference balances?

A) Use the Supporting Reference Balance Inquiry page.
B) Use Oracle Transactional Business Intelligence to create an analysis using the Subledger Accounting - Supporting Reference Real Time subject area.
C) Submit the standard Supporting Reference Balances Report.
D) Use Business Intelligence Publisher to build a custom report.


4. A customer's business requirement demands a more granular view of transferred subledger journal entries in GL.
Which of the available General Ledger Journal Entry Summarization options meets this requirement?

A) Transfer in Details
B) Group by GL Date
C) Summarize by GL Date
D) Summarize by GL Period


5. What is NOT included in the minimum required accounting attribute assignments?

A) Accounting Date
B) Distribution Type
C) First Distribution Identifier
D) Second Distribution Identifier


Solutions:

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

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