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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 08, 2026
- Q & A: 62 Questions and Answers
About Oracle 1Z0-1060-20 Exam
Learning by doing beats reading alone, which is why the VCETorrent 1Z0-1060-20 PC engine recreates the real test environment: practice and assessment happen together, exposing ability gaps quickly so they close just as fast.
Oracle 1Z0-1060-20 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Accounting Hub Cloud 2020 Implementation Essentials |
| Exam Number: | 1Z0-1060-20 |
| Certificate Validity Period: | 18 months |
| Passing Score: | 65% |
| Exam Duration: | 90 minutes |
| Related Certifications: | Oracle Financials Cloud Certification Oracle Cloud ERP Certifications |
| Exam Format: | Multiple Choice, Multiple Response |
| Real Exam Qty: | 55-60 |
| Available Languages: | English |
| Exam Price: | $245 USD |
| Recommended Training: | Oracle University Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: |  |
| Exam Way: | Online proctored or test center |
| Pre Condition: | Recommended: experience with Oracle Financials Cloud and basic accounting principles |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z0-1060-20 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reporting and Reconciliation | - Financial reporting outputs
|
| Configuration and Setup | - Initial setup tasks
|
| Accounting Rules and Mapping | - Accounting rule definition
|
| Implementation and Administration | - Deployment and maintenance
|
| Accounting Hub Cloud Overview | - Architecture and key components
|
| Data Integration and Processing | - Transaction processing
|
Oracle Accounting Hub Cloud 2020 Implementation Essentials Materials That Go Where You Go
Registration goes through the official channel: Oracle Certification Registration Create an account, choose a test center or online proctoring, pick your date, and pay the exam fee to confirm the appointment.
Three things set it apart. The bank is researched, not assembled — a specialized team studies question patterns for different kinds of learners, so 62 practice questions for the 1Z0-1060-20 exam actually match how people study. The formats are flexible — PDF, PC engine, and an online engine that works offline once downloaded. And the service is integrated — verified answers, daily updates for 365 days, and support by email or online chat at any hour.
Oracle University Training An official course builds structured theory, while the verified VCETorrent 1Z0-1060-20 bank supplies realistic rehearsal — together they cover the full preparation cycle.
The official Oracle Accounting Hub Cloud 2020 Implementation Essentials outline splits its weight like this:
- Implementation and Administration ()
- Configuration and Setup ()
- Accounting Hub Cloud Overview ()
Yes — that is one of the strengths of the online 1Z0-1060-20 version. Download it once in an online environment, and it works offline after that on any electronic device, with unlimited use wherever you are. A network outage, a long flight, a rural commute — your Oracle Accounting Hub Cloud 2020 Implementation Essentials study environment travels with you instead of depending on the nearest router. The PC engine and printable PDF play the same role for desk and paper study.
Around 55-60 questions in 90 minutes minutes. The PC engine recreates that exact environment, so practicing in it doubles as dress rehearsal for exam day — and 62 practice questions for the 1Z0-1060-20 exam give you plenty of runs to feel ready.
Recommended: experience with Oracle Financials Cloud and basic accounting principles
A professional team of specialized experts, organized specifically to research question patterns and study how different learners approach the 1Z0-1060-20 material. Content is refined against the live Oracle Accounting Hub Cloud 2020 Implementation Essentials blueprint, every answer is verified before publication, and the bank keeps pace with contemporary talent development — so it serves the way people actually prepare today, not the way they did years ago.
A pass requires 65%, and sitting the exam costs $245 USD. Since every retake repeats that fee, thorough preparation with verified VCETorrent material is the investment that protects it.
Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:
Question #1
Given the business use case:
'Insurances for Homes' company provides home insurance services. They have an in-house built system that processes insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all Journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, the company need to be able to report and view the entries using advanced reporting and analytical tools for segmenting, viewing and understanding data in the journal entries.
The line information may contain more than one line for the same header.
When uploading transactions, which is a way to differentiate each Journal line?
- A. Assign a line classification or line type attribute.
- B. Assign an accounting attribute.
- C. You do not need to do anything additional.
- D. Assign a custom formula.
Correct Answer: A 🗳️
Question #2
What kind of sequence can be assigned to subledger journal entries at the time that the journal entries are created in final mode?
- A. Journal Entry Sequence
- B. Accounting Sequence
- C. Reporting Sequence
- D. Document Sequence
Correct Answer: B 🗳️
Question #3
What can you override in a completed subledger journal entry?
- A. the amounts
- B. the account
- C. the descriptions
- D. the supporting Information
Correct Answer: B 🗳️
Question #4
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 calculate discounts for use in the accounting rule?
- A. Use custom formulas
- B. Use mapping set rules
- C. Use flexfield
- D. Use analytical calculations
Correct Answer: A 🗳️
Question #5
What is NOT included in the minimum required accounting attribute assignments?
- A. Accounting Date
- B. Distribution Type
- C. Second Distribution Identifier
- D. First Distribution Identifier
Correct Answer: C 🗳️
Viewing page 1 out of 13 pages.
Viewing questions 1-5 out of 62 questions.
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