Oracle : 1Z0-1060-20 Questions & Answers

Last Updated: Jul 21, 2026

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Oracle 1Z0-1060-20 Exam Syllabus Topics:

SectionObjectives
Accounting Hub Cloud Overview- Architecture and key components
  • 1. Integration with Oracle Financials Cloud
    • 2. Accounting Hub Cloud positioning and use cases
      Configuration and Setup- Initial setup tasks
      • 1. Source system configuration
        • 2. Ledger and accounting setup considerations
          Data Integration and Processing- Transaction processing
          • 1. Importing source transactions
            • 2. Accounting entry generation process
              Reporting and Reconciliation- Financial reporting outputs
              • 1. Reconciliation processes
                • 2. Journal and subledger reporting
                  Accounting Rules and Mapping- Accounting rule definition
                  • 1. Mapping sets and derivation rules
                    • 2. Rules-based accounting configuration
                      Implementation and Administration- Deployment and maintenance
                      • 1. Security and roles setup
                        • 2. Troubleshooting and monitoring

                          Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

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

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


                          2. Which three duty roles are required to perform Accounting Hub setup tasks?

                          A) Accounting Hub Integration
                          B) Subledger Accounting Manager
                          C) Accounting Hub Administration
                          D) Accounting Hub Maintenance
                          E) Application Implementation Consultant


                          3. Which is an alternate way to implement a mapping set rule?

                          A) Define a lookup type rule with conditions.
                          B) Define a chart of account rule with conditions.
                          C) Define a flexfield rule with conditions.
                          D) Define an account rule with conditions.


                          4. How many transaction event classes can be set up for a subledger uploaded to Accounting Hub Cloud?

                          A) Two
                          B) One
                          C) Unlimited
                          D) Three


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

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


                          Solutions:

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

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