Oracle 1Z0-1060-20 dumps - in .pdf

1Z0-1060-20 pdf
  • Exam Code: 1Z0-1060-20
  • Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
  • Updated: Aug 15, 2026
  • Q & A: 62 Questions and Answers
  • PDF Price: $59.99

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  • Exam Code: 1Z0-1060-20
  • Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
  • Updated: Aug 15, 2026
  • Q & A: 62 Questions and Answers
  • PDF Version + PC Test Engine + Online Test Engine
  • Value Pack Total: $119.98  $79.99
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Oracle 1Z0-1060-20 dumps - Testing Engine

1Z0-1060-20 Testing Engine
  • Exam Code: 1Z0-1060-20
  • Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
  • Updated: Aug 15, 2026
  • Q & A: 62 Questions and Answers
  • Software Price: $59.99
  • Testing Engine

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Oracle 1Z0-1060-20 Exam Syllabus Topics:

SectionObjectives
Topic 1: Reporting and Reconciliation- Financial reporting outputs
  • 1. Journal and subledger reporting
    • 2. Reconciliation processes
      Topic 2: Configuration and Setup- Initial setup tasks
      • 1. Ledger and accounting setup considerations
        • 2. Source system configuration
          Topic 3: Implementation and Administration- Deployment and maintenance
          • 1. Security and roles setup
            • 2. Troubleshooting and monitoring
              Topic 4: Accounting Rules and Mapping- Accounting rule definition
              • 1. Rules-based accounting configuration
                • 2. Mapping sets and derivation rules
                  Topic 5: Data Integration and Processing- Transaction processing
                  • 1. Accounting entry generation process
                    • 2. Importing source transactions
                      Topic 6: Accounting Hub Cloud Overview- Architecture and key components
                      • 1. Integration with Oracle Financials Cloud
                        • 2. Accounting Hub Cloud positioning and use cases

                          Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

                          1. While creating a journal entry rule set you are NOT able to use an account rule that was created recently.
                          Which two reasons can explain this?

                          A) The account rule is using sources that have not been assigned to the same event class that is associated to the journal entry rule set.
                          B) The account rule does not return any valid account value.
                          C) The account rule is defined with conditions that are not allowing the assignment.
                          D) The account rule is defined with a different chart of accounts from the journal entry rule set.


                          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) Journal Entry Rule Set
                          B) Journal Entry
                          C) Journal Line Rule
                          D) Event Type
                          E) Event Class


                          3. Given the business use case:
                          'Insurances for Homes' company provides home insurance services. They have an in-house built system that processes insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all Journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, the company need to be able to report and view the entries using advanced reporting and analytical tools for segmenting, viewing and understanding data in the journal entries.
                          The line information may contain more than one line for the same header.
                          When uploading transactions, which is a way to differentiate each Journal line?

                          A) Assign a custom formula.
                          B) You do not need to do anything additional.
                          C) Assign a line classification or line type attribute.
                          D) Assign an accounting attribute.


                          4. To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?

                          A) Conversion type
                          B) Conversion date and conversion rate
                          C) Conversion type and conversion date
                          D) Conversion type, conversion date and conversion rate


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


                          Solutions:

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

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