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

  • Exam Code: 1Z0-1060-20
  • Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
  • Updated: Sep 01, 2025
  • Q&As: 62 Questions and Answers

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Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?

A) Conversion type, conversion date and conversion rate
B) Conversion type
C) Conversion type and conversion date
D) Conversion date and conversion rate


2. In the process of analyzing data from a source system you find that there are no reliable amounts that can be used to build a subledger journal entry.
How can you resolve this challenge?

A) Use a custom formula in a journal line rule to derive amounts.
B) Use a custom formula in a supporting reference to derive amounts.
C) Use a custom formula in an account rule to derive amounts.
D) Use a custom formula in a description rule to derive amounts.


3. Which three are mandatory transaction source information?

A) Transaction Date
B) Distribution Link
C) Transaction Number
D) Transaction Line
E) Ledger Name


4. How do you enable diagnostics on subledger transaction sources?

A) enable diagnostic source
B) enable transaction debug
C) enable diagnostic profile
D) enable diagnostic attribute


5. What attribute of a subledger journal entry is NOT transferred to GL?

A) Accounting class
B) Supporting references
C) Accounting lines
D) Accounted amounts


Solutions:

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

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