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Updated: Jul 20, 2026

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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
Exam Duration:105 minutes
Related Certifications:Oracle Financials Cloud
Oracle Fusion Cloud Accounting Hub
Certificate Validity Period:18 months
Passing Score:63%
Available Languages:English, Japanese
Exam Price:USD 245
Real Exam Qty:55-62
Exam Format:Multiple Choice, Multiple Response
Recommended Training:Oracle Accounting Hub Cloud Implementation Training
Exam Registration:Oracle University
Pearson VUE
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:

SectionWeightObjectives
Topic 1: Accounting Rules Configuration30%- Account rules and mapping sets
- Description and journal line rules
- Event model and event classes/types
- Supporting references and accounting methods
Topic 2: Source System Integration20%- Define transaction objects and attributes
- File-based data import and mapping
- Register source systems
Topic 3: Implementation and Security10%- Implementation lifecycle
- Role-based access control
- Troubleshooting and best practices
Topic 4: Reporting and Inquiry15%- Journal inquiry and drill-down
- Reconciliation and diagnostics
- Accounting Hub reports and dashboards
Topic 5: Transaction Processing15%- Create Accounting process
- Transaction validation and error handling
- Transfer to General Ledger
Topic 6: Accounting Hub Overview10%- Architecture and core concepts
- Subledger Accounting (SLA) overview
- Business benefits and use cases

Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. Which four options are used to reconcile subledger journal entries?

A) Set up reconciliation using the reconciliation reference accounting attribute.
B) Run the Subledger Accounting Diagnostics report.
C) Run the Subledger Accounting Method Setups report.
D) Assign a descriptive text and source on journal lines.
E) Tag supporting references with journal entry lines.
F) Build a custom OTBI report.


2. 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 adjusts the original source transaction.
B) The account override feature is only intended to correct subledger journals that have been posted.
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.


3. What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?

A) upload transaction data into FAH Reporting Cloud Service
B) synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
C) transfer Balances to FAH Reporting Cloud Service
D) provide real-time visibility to financial reports in FAH Reporting Cloud Service


4. Where do you define the currency conversion type to be used in converting accounted amount for reporting currency ledger?

A) Manage Reporting Currencies
B) Manage Accounting Attribute Assignments
C) Manage Subledger Accounting Options
D) Specify Ledger Options


5. What are the tables or views from which the Create Accounting process takes source data that is used in accounting rules to create journal entries referred to as?

A) Mapping sets
B) Event entities
C) Source objects
D) Transaction objects


Solutions:

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

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