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Oracle Accounting Hub Cloud 2020 Implementation Essentials : 1Z0-1060-20
- Exam Code: 1Z0-1060-20
- Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
- Updated: Oct 06, 2026 Q&As: 62 Questions and Answers
- Q & A: 62 Questions and Answers
About Oracle Accounting Hub Cloud 2020 Implementation Essentials : 1Z0-1060-20 Exam
All roads lead to Rome, but some are better paved. Test the road before you travel it: DumpsTests offers a free PDF demo of the 1Z0-1060-20 practice questions, so you can judge the verified answers yourself before unlocking the full 62-question bank for the Oracle Accounting Hub Cloud 2020 Implementation Essentials.
Oracle 1Z0-1060-20 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Accounting Hub Cloud 2020 Implementation Essentials |
| Exam Number: | 1Z0-1060-20 |
| Real Exam Qty: | 55 |
| Exam Price: | USD $245 |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Related Certifications: | Oracle Accounting Hub Cloud 2020 Certified Implementation Specialist |
| Exam Format: | Multiple Answer, Multiple Choice |
| Passing Score: | 68% |
| Sample Questions: |  |
| Exam Way: | Pearson VUE testing center or Oracle online proctored exam |
| Pre Condition: | No mandatory prerequisite exam. Oracle recommends experience with Oracle Financials Cloud, Subledger Accounting, and accounting/business process implementation projects. |
| Official Syllabus URL: | https://education.oracle.com/oracle-accounting-hub-cloud-2020-implementation-essentials/pexam_1Z0-1060-20 |
Oracle 1Z0-1060-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Source System Integration | 20% | - Transaction Data Integration
|
| Implementation and Security | 10% | - Administration and Security
|
| Accounting Rules and Configuration | 30% | - Subledger Accounting Configuration
|
| Transaction Processing | 15% | - Accounting Processing
|
| Accounting Hub Overview | 10% | - Accounting Hub Fundamentals
|
| Reporting and Inquiry | 15% | - Reporting Capabilities
|
1Z0-1060-20 Exam FAQs: Straight Answers for Candidates
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The Oracle Accounting Hub Cloud 2020 Implementation Essentials syllabus spans 6 domains, headlined by Accounting Hub Overview (10%), Reporting and Inquiry (15%), and Accounting Rules and Configuration (30%). The full weighted outline is in the syllabus section above — our materials strictly follow it, and so should your study plan.
The 1Z0-1060-20 exam — formally the Oracle Accounting Hub Cloud 2020 Implementation Essentials — is Oracle's certification exam for validating professional skills with its technologies; passing it earns the Oracle Financials Cloud certification, a Professional-level credential. It is popular among job seekers for a simple reason: employers trust vendor-issued proof of skill. It also opens the path toward Oracle Accounting Hub Cloud 2020 Certified Implementation Specialist.
The 1Z0-1060-20 exam gives you 55 questions to complete within 120 minutes. That pacing is tighter than it looks on paper, and untimed practice will not reveal it. Rehearse with the DumpsTests Windows software or online engine in timed mode — repeating full-length mocks until your rhythm holds is what turns preparation time into passing margin.
Passing requires 68%, and official registration costs USD $245. Remember the fee buys one attempt only — a retake is billed in full again. The budget-friendly approach is to measure yourself first: work through 62 practice questions at DumpsTests under timed conditions until you clear the passing mark consistently, and only then pay for the seat.
No mandatory prerequisite exam. Oracle recommends experience with Oracle Financials Cloud, Subledger Accounting, and accounting/business process implementation projects.
Vendor policies change from time to time, so before scheduling, confirm the current criteria on the official Oracle exam page.
Yes — DumpsTests offers a free PDF demo of the 1Z0-1060-20 practice questions so you can evaluate the content quality and verified answers before paying anything. Once you purchase, 365 days of free updates are included, and if the product expires, the update service renews at a 50% discount from your member zone.
Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:
Question #1
Which three duty roles are required to perform Accounting Hub setup tasks?
- A. Accounting Hub Integration
- B. Subledger Accounting Manager
- C. Application Implementation Consultant
- D. Accounting Hub Maintenance
- E. Accounting Hub Administration
Correct Answer: A,C,E 🗳️
Question #2
Which three are mandatory transaction source information?
- A. Transaction Line
- B. Ledger Name
- C. Transaction Number
- D. Transaction Date
- E. Distribution Link
Correct Answer: B,C,D 🗳️
Question #3
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.
How do you set up an account rule that is based on leased and owned trucks?
- A. Set up a mapping set rule.
- B. Set up a value set rule.
- C. Set up a lookup value.
- D. Set up an account source in the source system file and derive the value.
Correct Answer: A 🗳️
Question #4
What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?
- A. upload transaction data into FAH Reporting Cloud Service
- B. transfer Balances to FAH Reporting Cloud Service
- C. provide real-time visibility to financial reports in FAH Reporting Cloud Service
- D. synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
Correct Answer: D 🗳️
Question #5
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.
How do you pass the calculated value for discount amounts in accounting rules to the corresponding journal line?
- A. Assign it to a transaction type.
- B. Assign it to an account rule.
- C. Assign it to an accounting attribute.
- D. Assign it to an accounting method.
Correct Answer: B 🗳️
Viewing page 1 out of 13 pages.
Viewing questions 1-5 out of 62 questions.
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