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Oracle 1Z0-1060-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Accounting Rules Configuration | 30% | - Description and journal line rules - Account rules and mapping sets - Event model and event classes/types - Supporting references and accounting methods |
| Implementation and Security | 10% | - Role-based access control - Implementation lifecycle - Troubleshooting and best practices |
| Transaction Processing | 15% | - Transaction validation and error handling - Create Accounting process - Transfer to General Ledger |
| Source System Integration | 20% | - File-based data import and mapping - Define transaction objects and attributes - Register source systems |
| Accounting Hub Overview | 10% | - Architecture and core concepts - Business benefits and use cases - Subledger Accounting (SLA) overview |
| Reporting and Inquiry | 15% | - Journal inquiry and drill-down - Reconciliation and diagnostics - Accounting Hub reports and dashboards |
Oracle Accounting Hub Cloud 2020 Implementation Essentials: Frequently Asked Questions
The 1Z0-1060-20 exam leads to the Oracle Accounting Hub Cloud 2020 Certified Implementation Specialist certification from Oracle. It is positioned at the Specialist level. The exam validates the knowledge and skills expected of candidates preparing for Oracle Accounting Hub Cloud 2020 Implementation Essentials.
Related certifications include:
- Oracle Financials Cloud
- Oracle Fusion Cloud Accounting Hub
The 1Z0-1060-20 exam includes 55-62 questions and allows 105 minutes. Before test day, divide the available time by the number of questions in a timed practice set to establish a steady per-question pace. If a difficult item starts consuming too much time, mark it for review and move forward instead of losing momentum. A full timed practice session can help you decide when to move on, when to return, and how much buffer to reserve for a final check.
The passing score for 1Z0-1060-20 is 63%, and the official exam fee is USD 245. Because a retake requires paying the exam fee again, use timed practice results as a readiness check before scheduling your next attempt. If your performance remains inconsistent, continue reviewing weak domains and repeat a timed session before booking the exam.
No mandatory prerequisites; hands-on experience recommended
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After reviewing the recommended training, reinforce what you learned with Prep4away's 62 practice questions for 1Z0-1060-20.
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The current 1Z0-1060-20 outline is organized into 6 top-level domains. The first listed areas include:
- Accounting Hub Overview (10%)
- Implementation and Security (10%)
- Accounting Rules Configuration (30%)
Review the Exam Topics section above for the complete outline and any nested subtopics.
Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:
Given the business use case:
'New Trucks' runs a fleet of trucks in a rental business In the U.S. The majority of the trucks are owned; however, in some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company
'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
What wil the typical transaction information be at the header level?
- A. Customer Number
- B. Line Type
- C. Currency
- D. Amount
Correct Answer: A 🗳️
There is a business requirement to display supporting information with some text and source value at the journal line level that will vary depending on the entered amounts for the line.
What is the solution to implement this requirement?
- A. define journal entry rule set with condition
- B. define line description rule with condition
- C. define journal line rules with conditions
- D. define user transaction line identifier
Correct Answer: B 🗳️
How do you enable diagnostics on subledger transaction sources?
- A. enable diagnostic profile
- B. enable diagnostic attribute
- C. enable diagnostic source
- D. enable transaction debug
Correct Answer: A 🗳️
What automation option is NOT available when uploading transaction data to Accounting Hub Cloud?
- A. Oracle Web Center Content Client Command line tool
- B. Oracle Virtual Web Center Services
- C. ERP Integration Service
- D. Oracle UCM Web Services
Correct Answer: B 🗳️
What is the required date format used to import accounting transactions to Accounting Hub Cloud?
- A. DD-MON-YYYY
- B. The user can customize the date format
- C. MM-DD-YYYY
- D. YYYY-MM-DD
Correct Answer: D 🗳️
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