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Oracle 1Z0-1060-20 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Accounting Hub Cloud 2020 Implementation Essentials
Exam Number:1Z0-1060-20
Exam Format:Multiple Answer, Multiple Choice
Related Certifications:Oracle Accounting Hub Cloud 2020 Certified Implementation Specialist
Exam Duration:120 minutes
Real Exam Qty:55
Passing Score:68%
Exam Price:USD $245
Available Languages:English
Sample Questions:Oracle 1Z0-1060-20 Sample Questions
Exam Way:Pearson VUE testing center or Oracle online proctored exam
Pre Condition:No mandatory prerequisite exam. Oracle recommends experience with Oracle Financials Cloud, Subledger Accounting, and accounting/business process implementation projects.
Official Syllabus URL:https://education.oracle.com/oracle-accounting-hub-cloud-2020-implementation-essentials/pexam_1Z0-1060-20

Oracle 1Z0-1060-20 Exam Syllabus Topics:

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

Frequently Asked Questions About Oracle Accounting Hub Cloud 2020 Implementation Essentials

The 1Z0-1060-20 exam leads to the Oracle Financials Cloud certification, a Professional-level credential from Oracle. It validates the skills measured by the Oracle Accounting Hub Cloud 2020 Implementation Essentials syllabus and is a recognized step for IT professionals building their careers, and it sits alongside related credentials such as Oracle Accounting Hub Cloud 2020 Certified Implementation Specialist.

The Oracle Accounting Hub Cloud 2020 Implementation Essentials exam includes 55 questions and gives you 120 minutes to complete them. That works out to a fairly tight pace, so reading each question carefully but decisively matters more than perfectionism. If a question stalls you, flag it and move on; banking the easier points first keeps time pressure from snowballing near the end. Before test day, run at least one full timed session with the Actualtests4sure practice test so the rhythm feels familiar rather than rushed.

You need 68% to pass the 1Z0-1060-20 exam, and the official registration fee is USD $245. Keep in mind that a failed attempt means paying the full fee again to retake the exam, so it pays to be honest with yourself before booking a seat. A practical benchmark: work through the 62 practice questions at Actualtests4sure until you can score comfortably above the passing line in timed mode, then schedule your exam.

No mandatory prerequisite exam. Oracle recommends experience with Oracle Financials Cloud, Subledger Accounting, and accounting/business process implementation projects. Because Oracle may adjust its policies over time, we recommend confirming the latest requirements on the official exam page (official exam page) before you register.

Yes. Actualtests4sure offers a free PDF demo of the Oracle Accounting Hub Cloud 2020 Implementation Essentials material, so you can review the question style and answer quality before making a decision. Every purchase also includes 365 days of free updates, and after that period you can extend your updates at a 50% discount, which keeps your preparation current through 2026 and beyond.

If you take the Oracle Accounting Hub Cloud 2020 Implementation Essentials exam within 60 days of your purchase and do not pass, Actualtests4sure offers a full refund under its Money Back Guarantee. To apply, send a scanned copy of your exam enrollment slip together with your official Score Report in PDF format within 2 days of the exam date, and your claim will be processed within 7 days. The guarantee applies only to the corresponding exam: attempts made within 3 days of purchase, exams downloaded but never actually taken, free materials, and expired orders are not eligible, and the candidate name must match the purchaser name. If you would rather not take a refund, you can exchange your product for two additional exam preparation products of equal value and keep the update service on your original purchase. Delivery itself is instant: your product is available for download right after payment and is also sent to your email within one minute, and if it has not arrived within 2 hours, contact our support team. There is no limit on how many computers you can install it on.

The Oracle Accounting Hub Cloud 2020 Implementation Essentials syllabus is divided into 6 main domains, including Source System Integration (20%), Implementation and Security (10%), Reporting and Inquiry (15%). Each domain carries a different share of the total score, so knowing where the weight sits helps you allocate your study time wisely. You will find the complete, up-to-date outline in the Exam Topics section above.

Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

Question #1

Which transaction source is used to link transaction header and line information?

  • A. Transaction Key
  • B. Transaction Date
  • C. Transaction Type
  • D. Transaction Number
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #2

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. Event Class
  • B. Event Type
  • C. Journal Line Rule
  • D. Journal Entry Rule Set
  • E. Journal Entry
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #3

Given the subledger journal entry:

Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?

  • A. It is not balanced by entered amounts.
  • B. It appears correct.
  • C. It is not balanced by entered currency.
  • D. It is not balanced by balancing segment.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

What is a user job role data context assignment?

  • A. Security data role context assignment to a user job role
  • B. Security data access context assignment to a user job role
  • C. Security privileges assignment to a user job role
  • D. Duty role context assignment to a user
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #5

You are explaining to an accountant that account override is an adjustment feature of Subledger Accounting.
Which two traits can help you explain this feature?

  • A. The account override feature is only intended to correct subledger journals that have been posted.
  • B. The account override feature adjusts the original source transaction.
  • C. The account override feature allows users to record a reason for the adjustment.
  • D. The account override feature provides an audit trail by preserving the original subledger journal entry.
Reveal Solution  Discussion  0

Correct Answer: C,D  🗳️

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