Oracle Accounting Hub Cloud 2020 Implementation Essentials : 1Z0-1060-20

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Exam Code: 1Z0-1060-20

Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials

Updated: May 27, 2026

Q & A: 62 Questions and Answers

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Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. Given the subledger journal entry:

Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?

A) It is not balanced by entered amounts.
B) It is not balanced by entered currency.
C) It is not balanced by balancing segment.
D) It appears correct.


2. Which two can you use to view supporting reference balances?

A) Use the Supporting Reference Balance Inquiry page.
B) Submit the standard Supporting Reference Balances Report.
C) Use Oracle Transactional Business Intelligence to create an analysis using the Subledger Accounting - Supporting Reference Real Time subject area.
D) Use Business Intelligence Publisher to build a custom report.


3. What is the key attribute that is used to query journal entries of a registered source system?

A) Transaction Date
B) Ledger Name
C) Accounting Date
D) Journal Source


4. Which three duty roles are required to perform Accounting Hub setup tasks?

A) Subledger Accounting Manager
B) Accounting Hub Administration
C) Accounting Hub Integration
D) Accounting Hub Maintenance
E) Application Implementation Consultant


5. A customer has four external systems: Consumer Loan, Auto Loan, Home Loan and Insurance. Functional users are allowed to process and view transactions and accounting for all these systems.
Which two implementations allow similar accounting rules to be shared?

A) One subledger for Consumer Loan and Auto Loan, and one subledger for Home Loan and Insurance.
B) One subledger for all 4 source systems.
C) One subledger for each source system.
D) One subledger for the 3 Loan systems and one subledger for Insurance.


Solutions:

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

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