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Oracle 1Z0-1060-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Accounting Hub Overview | 10% | - Accounting Hub Fundamentals
|
| Accounting Rules and Configuration | 30% | - Subledger Accounting Configuration
|
| Implementation and Security | 10% | - Administration and Security
|
| Reporting and Inquiry | 15% | - Reporting Capabilities
|
| Transaction Processing | 15% | - Accounting Processing
|
| Source System Integration | 20% | - Transaction Data Integration
|
Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:
1. There is a business requirement to display supporting information with some text and source value at the journal line level that will vary depending on the entered amounts for the line.
What is the solution to implement this requirement?
A) define line description rule with condition
B) define journal entry rule set with condition
C) define user transaction line identifier
D) define journal line rules with conditions
2. To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?
A) Conversion type and conversion date
B) Conversion type
C) Conversion date and conversion rate
D) Conversion type, conversion date and conversion rate
3. Which two actions can you accomplish for a registered source system?
A) Revise source Information through the user interface and add more sources.
B) Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet.
C) Modify the subledger application name as long as there are no pending accounting entries.
D) Add new event classes through the user interface.
4. Given the journal:
What is the terminology that is used to identify the "Account Number', 'Original Balance' , and 'Origination Date' fields?
A) Attribute Identifier
B) System Identifier
C) Source System Identifier
D) User Transaction Identifier
5. What is NOT included in the minimum required accounting attribute assignments?
A) First Distribution Identifier
B) Accounting Date
C) Second Distribution Identifier
D) Distribution Type
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: A,B | Question # 4 Answer: A | Question # 5 Answer: C |






