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Updated: Jul 20, 2026
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| 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/ |
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Accounting Rules Configuration | 30% | - 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 Integration | 20% | - Define transaction objects and attributes - File-based data import and mapping - Register source systems |
| Topic 3: Implementation and Security | 10% | - Implementation lifecycle - Role-based access control - Troubleshooting and best practices |
| Topic 4: Reporting and Inquiry | 15% | - Journal inquiry and drill-down - Reconciliation and diagnostics - Accounting Hub reports and dashboards |
| Topic 5: Transaction Processing | 15% | - Create Accounting process - Transaction validation and error handling - Transfer to General Ledger |
| Topic 6: Accounting Hub Overview | 10% | - Architecture and core concepts - Subledger Accounting (SLA) overview - Business benefits and use cases |
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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