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Oracle 1Z0-1060-20 Actual Tests : Oracle Accounting Hub Cloud 2020 Implementation Essentials
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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 |
| Available Languages: | Japanese, English |
| Exam Duration: | 105 minutes |
| Exam Format: | Multiple Choice, Multiple Response |
| Certificate Validity Period: | 18 months |
| Exam Price: | USD 245 |
| Real Exam Qty: | 55-62 |
| Passing Score: | 63% |
| Related Certifications: | Oracle Financials Cloud Oracle Fusion Cloud Accounting Hub |
| Recommended Training: | Oracle Accounting Hub Cloud Implementation Training |
| Exam Registration: | Pearson VUE Oracle University |
| Sample Questions: | Oracle 1Z0-1060-20 Sample Questions |
| Exam Way: | Online proctored or onsite at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; hands-on experience recommended |
| Official Syllabus URL: | https://education.oracle.com/ |
Oracle 1Z0-1060-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Reporting and Inquiry | 15% | - Journal inquiry and drill-down - Reconciliation and diagnostics - Accounting Hub reports and dashboards |
| Topic 2: Accounting Rules Configuration | 30% | - Account rules and mapping sets - Supporting references and accounting methods - Event model and event classes/types - Description and journal line rules |
| Topic 3: Accounting Hub Overview | 10% | - Business benefits and use cases - Subledger Accounting (SLA) overview - Architecture and core concepts |
| Topic 4: Source System Integration | 20% | - Register source systems - Define transaction objects and attributes - File-based data import and mapping |
| Topic 5: Transaction Processing | 15% | - Transfer to General Ledger - Create Accounting process - Transaction validation and error handling |
| Topic 6: Implementation and Security | 10% | - Role-based access control - Troubleshooting and best practices - Implementation lifecycle |
Oracle Accounting Hub Cloud 2020 Implementation Essentials: Your Questions, Answered
The 1Z0-1060-20 exam (Oracle Accounting Hub Cloud 2020 Implementation Essentials) is the official Oracle exam that leads to the Oracle Accounting Hub Cloud 2020 Certified Implementation Specialist certification, a credential at the Specialist level. Related certifications include Oracle Financials Cloud, Oracle Fusion Cloud Accounting Hub. Actual4test provides 62 practice questions to help you prepare for it with confidence.
The 1Z0-1060-20 exam contains 55-62 questions and gives you 105 minutes to finish them. Before exam day, divide the total time by the question count so you know the pace you need to keep, and flag difficult items instead of getting stuck on them. Running at least one full timed session in the Actual4test test engine is the best way to make that time pressure feel familiar.
You need 63% to pass, and the official registration fee is USD 245. Keep in mind that a failed attempt means paying that fee in full again, so it pays to test yourself first. When your scores on the Actual4test timed practice tests stay consistently above the passing line, you are ready to book the exam.
No mandatory prerequisites; hands-on experience recommended Requirements can change over time, so always double-check the latest eligibility rules before you register on the official Oracle exam page.
You can book your exam through the official registration channels:
The exam is delivered in the following way: Online proctored or onsite at Pearson VUE test centers.
Oracle recommends the following training options for this exam:
Official courses build the foundation, and the 62 1Z0-1060-20 practice questions from Actual4test help you turn that knowledge into exam-day performance.
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Your purchase is protected by our 100% Money Back Guarantee. If you take the corresponding 1Z0-1060-20 exam within 60 days of purchase and do not pass, send us a scan of your enrollment slip and the official Score Report PDF within two days of the exam, and the full refund will be processed within seven days. The candidate name must match the payer name; exams taken within three days of purchase, free materials, and expired orders are not eligible. If you would rather not refund, you can exchange your product for two free products of equal value and keep the update service on your original purchase. Delivery itself is instant: your material is available for download and is emailed to you within one minute of payment. If nothing arrives within two hours, contact our support team. There is no limit on how many computers you may install it on.
The 1Z0-1060-20 syllabus is organized into 6 exam domains. Among the first three are Accounting Hub Overview (10%), Source System Integration (20%), Accounting Rules Configuration (30%). For the complete breakdown of topics and subtopics, see the Exam Topics section above.
Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:
Question 1
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. Download a new transaction data template.
B. There is no required action. The mapping addition is complete.
C. Activate the journal entry rule set.
D. Activate the accounting method.
Question 2
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 line classification or line type attribute.
B. Assign an accounting attribute.
C. You do not need to do anything additional.
D. Assign a custom formula.
Question 3
'Insurances for Homes' company provide home insurance service. They have in house built system that processes home 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, be able to report and view the entries using an advanced reporting and analytical tools for slicing and dicing the Journal entries.
Insurance premium is to be recognized as income across the-coverage period of the insurance policy. How do you link the two journal lines in the recurring journal entries cases, so that these two journal lines are identified by the accounting process to create recurring Journal entries?
A. Recurring Journal class
B. Recognition Journal class
C. Accounting class
D. Multiperiod class
Question 4
You have created a description rule. When you try to select this description rule to be displayed as a header description rule in a journal entry rule set, you are not able to find this rule in the list of values.
What is the possible reason for NOT finding the rule?
A. The rule is built using a custom source.
B. The rule is built using a line level source.
C. The rule is built using a value set source.
D. The source does not return any value; therefore the rule is not displayed.
Question 5
The new billing source system has been registered into Accounting Hub Cloud. The subledger is in active state. At a later date, the business decides to bring in another legacy system (for example, a payment system) for accounting in Accounting Hub.
What two options do you have?
A. Add this as a new transaction type into existing registered subledger from the user interface.
B. Register it as a new source system.
C. Add this as a new transaction typo into existing subledger registration spreadsheet template.
D. Change the transaction data file.
Solutions:
| Question 1 Answer: B | Question 2 Answer: A | Question 3 Answer: D | Question 4 Answer: B | Question 5 Answer: A,B |
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