- Exam Code: 1Z0-1060-20
- Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
- Updated: Sep 05, 2026
- Q & A: 62 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Source System Integration | 20% | - File-based data import and mapping - Define transaction objects and attributes - Register source systems |
| Transaction Processing | 15% | - Transfer to General Ledger - Transaction validation and error handling - Create Accounting process |
| Implementation and Security | 10% | - Role-based access control - Implementation lifecycle - Troubleshooting and best practices |
| Accounting Hub Overview | 10% | - Business benefits and use cases - Architecture and core concepts - Subledger Accounting (SLA) overview |
| Accounting Rules Configuration | 30% | - Description and journal line rules - Account rules and mapping sets - Supporting references and accounting methods - Event model and event classes/types |
| Reporting and Inquiry | 15% | - Journal inquiry and drill-down - Reconciliation and diagnostics - Accounting Hub reports and dashboards |
Question 1
In the process of analyzing data from a source system you find that there are no reliable amounts that can be used to build a subledger journal entry.
How can you resolve this challenge?
A. Use a custom formula in a supporting reference to derive amounts.
B. Use a custom formula in a journal line rule to derive amounts.
C. Use a custom formula in a description rule to derive amounts.
D. Use a custom formula in an account rule to derive amounts.
Question 2
Given the journal:
What is the terminology that is used to identify the "Account Number', 'Original Balance' , and 'Origination Date' fields?
A. User Transaction Identifier
B. System Identifier
C. Attribute Identifier
D. Source System Identifier
Question 3
What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?
A. upload transaction data into FAH Reporting Cloud Service
B. provide real-time visibility to financial reports in FAH Reporting Cloud Service
C. transfer Balances to FAH Reporting Cloud Service
D. synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
Question 4
Which transaction source is used to link transaction header and line information?
A. Transaction Type
B. Transaction Key
C. Transaction Date
D. Transaction Number
Question 5
Which three are mandatory transaction source information?
A. Distribution Link
B. Transaction Line
C. Ledger Name
D. Transaction Date
E. Transaction Number
Solutions:
| Question 1 Answer: B | Question 2 Answer: C | Question 3 Answer: D | Question 4 Answer: D | Question 5 Answer: C,D,E |
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