Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Financials Cloud
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Updated: Sep 03, 2026
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Oracle 1Z0-1060-20 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Accounting Hub Cloud 2020 Implementation Essentials |
| Exam Number: | 1Z0-1060-20 |
| Exam Price: | USD 245 |
| Available Languages: | English, Japanese |
| Exam Format: | Multiple Choice, Multiple Response |
| Exam Duration: | 105 minutes |
| Passing Score: | 63% |
| Related Certifications: | Oracle Fusion Cloud Accounting Hub Oracle Financials Cloud |
| Real Exam Qty: | 55-62 |
| Certificate Validity Period: | 18 months |
| Recommended Training: | Oracle Accounting Hub Cloud Implementation Training |
| Exam Registration: | Oracle University Pearson VUE |
| Sample Questions: | DOWNLOAD DEMO |
| 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/ |
Oracle 1Z0-1060-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Transaction Processing | 15% | - Transaction validation and error handling - Transfer to General Ledger - Create Accounting process |
| Accounting Rules Configuration | 30% | - Event model and event classes/types - Account rules and mapping sets - Description and journal line rules - Supporting references and accounting methods |
| Source System Integration | 20% | - File-based data import and mapping - Define transaction objects and attributes - Register source systems |
| Implementation and Security | 10% | - Troubleshooting and best practices - Role-based access control - Implementation lifecycle |
| Reporting and Inquiry | 15% | - Journal inquiry and drill-down - Accounting Hub reports and dashboards - Reconciliation and diagnostics |
| Accounting Hub Overview | 10% | - Business benefits and use cases - Subledger Accounting (SLA) overview - Architecture and core concepts |
FAQs for Oracle Accounting Hub Cloud 2020 Implementation Essentials Candidates
The 1Z0-1060-20 exam leads to the Oracle Accounting Hub Cloud 2020 Certified Implementation Specialist certification from Oracle. It is positioned at the Specialist level. The exam validates the knowledge and skills expected of candidates preparing for Oracle Accounting Hub Cloud 2020 Implementation Essentials.
Related certifications include:
- Oracle Financials Cloud
- Oracle Fusion Cloud Accounting Hub
The 1Z0-1060-20 exam includes 55-62 questions and allows 105 minutes. Before test day, divide the available time by the number of questions in a timed practice set to establish a steady per-question pace. If a difficult item starts consuming too much time, mark it for review and move forward instead of losing momentum. A full timed practice session can help you decide when to move on, when to return, and how much buffer to reserve for a final check.
The passing score for 1Z0-1060-20 is 63%, and the official exam fee is USD 245. Because a retake requires paying the exam fee again, use timed practice results as a readiness check before scheduling your next attempt. If your performance remains inconsistent, continue reviewing weak domains and repeat a timed session before booking the exam.
No mandatory prerequisites; hands-on experience recommended
Eligibility rules can change, so confirm the current requirements on the official exam page before registering.
You can register through the official channels listed below:
The available exam delivery method is Online proctored or onsite at Pearson VUE test centers.
The official training options include:
After reviewing the recommended training, reinforce what you learned with Actual4dump's 62 practice questions for 1Z0-1060-20.
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The current 1Z0-1060-20 outline is organized into 6 top-level domains. The first listed areas include:
- Transaction Processing (15%)
- Implementation and Security (10%)
- Reporting and Inquiry (15%)
Review the Exam Topics section above for the complete outline and any nested subtopics.
Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:
Question 1
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 can the automatic recognition of insurance income be implemented in Accounting Hub Cloud?
A. Set up a transaction line reversal.
B. Create an adjustment journal entry.
C. Set up multiperiod accounting journal lines.
D. Set up automatic Journal line reversal.
Question 2
You have been assigned to troubleshoot a Create Accounting error.
What is the first step you need to take to use the diagnostics framework features?
A. Submit the Accounting Event Diagnostics process.
B. Set the "SLA: Diagnostics Enabled" profile option.
C. Run Create Accounting again to generate journal entries for the events that ended in error.
D. Run the Accounting Events Diagnostic Report.
Question 3
What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?
A. transfer Balances to FAH Reporting Cloud Service
B. provide real-time visibility to financial reports in FAH Reporting Cloud Service
C. upload transaction data into FAH Reporting Cloud Service
D. synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
Question 4
What automation option is NOT available when uploading transaction data to Accounting Hub Cloud?
A. Oracle Web Center Content Client Command line tool
B. Oracle UCM Web Services
C. ERP Integration Service
D. Oracle Virtual Web Center Services
Question 5
Which transaction source is used to link transaction header and line information?
A. Transaction Key
B. Transaction Number
C. Transaction Date
D. Transaction Type
Solutions:
| Question 1 Answer: C | Question 2 Answer: B | Question 3 Answer: D | Question 4 Answer: D | Question 5 Answer: B |
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