Study with 1Z0-1060-20 Actual Test Questions
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Last Updated: Oct 31, 2026
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Oracle 1Z0-1060-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Accounting Hub Overview | 10% | - Accounting Hub Fundamentals
|
| Accounting Rules and Configuration | 30% | - Subledger Accounting Configuration
|
| Transaction Processing | 15% | - Accounting Processing
|
| Implementation and Security | 10% | - Administration and Security
|
| Source System Integration | 20% | - Transaction Data Integration
|
| Reporting and Inquiry | 15% | - Reporting Capabilities
|
Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:
Which transaction source is used to link transaction header and line information?
- A. Transaction Key
- B. Transaction Date
- C. Transaction Type
- D. Transaction Number
Correct Answer: D 🗳️
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
Correct Answer: C 🗳️
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.
Correct Answer: D 🗳️
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
Correct Answer: B 🗳️
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.
Correct Answer: C,D 🗳️
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