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Oracle 1Z0-1060-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Transaction Processing | 15% | - Transfer to General Ledger - Transaction validation and error handling - Create Accounting process |
| Topic 2: Accounting Rules Configuration | 30% | - Account rules and mapping sets - Supporting references and accounting methods - Description and journal line rules - Event model and event classes/types |
| Topic 3: Accounting Hub Overview | 10% | - Business benefits and use cases - Architecture and core concepts - Subledger Accounting (SLA) overview |
| Topic 4: Source System Integration | 20% | - Register source systems - File-based data import and mapping - Define transaction objects and attributes |
| Topic 5: Implementation and Security | 10% | - Implementation lifecycle - Role-based access control - Troubleshooting and best practices |
| Topic 6: Reporting and Inquiry | 15% | - Journal inquiry and drill-down - Accounting Hub reports and dashboards - Reconciliation and diagnostics |
Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:
Question #1
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 the 3 Loan systems and one subledger for Insurance.
B. One subledger for Consumer Loan and Auto Loan, and one subledger for Home Loan and Insurance.
C. One subledger for all 4 source systems.
D. One subledger for each source system.
Question #2
To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?
A. Conversion type
B. Conversion type and conversion date
C. Conversion date and conversion rate
D. Conversion type, conversion date and conversion rate
Question #3
Which transaction source is used to link transaction header and line information?
A. Transaction Number
B. Transaction Date
C. Transaction Type
D. Transaction Key
Question #4
What is NOT included in the minimum required accounting attribute assignments?
A. Second Distribution Identifier
B. Distribution Type
C. Accounting Date
D. First Distribution Identifier
Question #5
Which three are mandatory transaction source information?
A. Transaction Number
B. Transaction Date
C. Ledger Name
D. Distribution Link
E. Transaction Line
Solutions:
| Question #1 Correct Answer: A,C | Question #2 Correct Answer: C | Question #3 Correct Answer: A | Question #4 Correct Answer: A | Question #5 Correct Answer: A,B,C |
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