The Oracle name on a certification still changes how recruiters read a resume. Earning it means passing the Oracle Accounting Hub Cloud 2020 Implementation Essentials exam, and the 62 practice questions at Actual4Exams are the most direct route between where you are and that passing score.
Oracle 1Z0-1060-20 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Accounting Hub Cloud 2020 Implementation Essentials |
| Exam Number: | 1Z0-1060-20 |
| Passing Score: | 63% |
| Certificate Validity Period: | 18 months |
| Available Languages: | Japanese, English |
| Exam Price: | USD 245 |
| Related Certifications: | Oracle Financials Cloud Oracle Fusion Cloud Accounting Hub |
| Real Exam Qty: | 55-62 |
| Exam Format: | Multiple Choice, Multiple Response |
| Exam Duration: | 105 minutes |
| Recommended Training: | Oracle Accounting Hub Cloud Implementation Training |
| Exam Registration: | Pearson VUE Oracle University |
| Sample Questions: | ![]() |
| 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 |
|---|---|---|
| Accounting Hub Overview | 10% | - Business benefits and use cases - Subledger Accounting (SLA) overview - Architecture and core concepts |
| Implementation and Security | 10% | - Troubleshooting and best practices - Role-based access control - Implementation lifecycle |
| Reporting and Inquiry | 15% | - Accounting Hub reports and dashboards - Reconciliation and diagnostics - Journal inquiry and drill-down |
| Transaction Processing | 15% | - Create Accounting process - Transfer to General Ledger - Transaction validation and error handling |
| 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% | - Define transaction objects and attributes - Register source systems - File-based data import and mapping |
The Oracle 1Z0-1060-20 Exam, Question by Question
Oracle Accounting Hub Cloud 2020 Implementation Essentials is an official exam run by Oracle under exam code 1Z0-1060-20. Passing it awards the Oracle Accounting Hub Cloud 2020 Certified Implementation Specialist certification, which sits at the Specialist tier. It also counts toward related credentials such as Oracle Financials Cloud, Oracle Fusion Cloud Accounting Hub. Certified professionals remain in shorter supply than the market wants, which is precisely why this exam keeps showing up in conversations about better roles and better pay.
The Oracle Accounting Hub Cloud 2020 Implementation Essentials exam gives you 105 minutes to work through 55-62 questions. That is a tight ratio, and it punishes candidates who get emotionally attached to any single item. The fix is mechanical: answer what you know, flag what you do not, and keep moving. A few full-length timed runs in the Actual4Exams test engine, with its randomized question order, will calibrate your pace far better than untimed reading ever could.
The official fee for Oracle Accounting Hub Cloud 2020 Implementation Essentials is USD 245, and 63% is what passing takes. The uncomfortable part: retakes cost the full USD 245 again, which makes preparation the cheapest line item in this whole project. Before booking, put yourself through repeated scored sessions with the Actual4Exams practice tests and compare results over time; a stable margin above the passing line, not a single lucky run, is when you are ready.
No mandatory prerequisites; hands-on experience recommended
Vendor rules do get revised, so treat this as your starting point and confirm the current eligibility details before booking via the official exam page.
Oracle Accounting Hub Cloud 2020 Implementation Essentials registration runs through these official channels.
Worth noting when you schedule: the exam is delivered Online proctored or onsite at Pearson VUE test centers.
Yes, Oracle points Oracle Accounting Hub Cloud 2020 Implementation Essentials candidates toward the following training.
Whatever course you choose, close the loop with question practice: the 62 items in the Actual4Exams 1Z0-1060-20 package convert course knowledge into exam-day scoring ability.
It is. Actual4Exams publishes a free PDF demo of the Oracle Accounting Hub Cloud 2020 Implementation Essentials material, so the product can prove itself before you pay. Your purchase then comes with 365 days of free updates, and once that period ends, extending the update service costs 50% of the regular price. The test engine software itself is verified malware-free and safe to install.
Actual4Exams stands behind the product with a 100% money-back guarantee under defined conditions. If you take the Oracle Accounting Hub Cloud 2020 Implementation Essentials exam within 60 days of purchase and fail, you qualify for a full refund, provided the exam corresponds to your product. Sitting the exam within 3 days of purchase does not qualify, and neither do unused downloads, free materials, or expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are resolved within 7 days. You may also choose an exchange instead of a refund: two other exam products of equal value, free, with the update service on your original purchase retained.
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Oracle Accounting Hub Cloud 2020 Implementation Essentials breaks down into 6 official domains, led by Reporting and Inquiry (15%), Implementation and Security (10%), and Accounting Hub Overview (10%). You will find the full topic-by-topic outline above on this page; use the weightings to budget your study hours where they pay back the most.
Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:
You need to build a complex account rule. Which four value types you use in yourdefinition?
- A. Source
- B. Mapping Set
- C. Value Set
- D. Account Combination
- E. Existing Account Rule
- F. Constant
Correct Answer: A,B,E,F 🗳️
A customer has a business requirement to provide additional information about subledger Journals that cannot be found in a predefined report.
How can you meet this requirement?
- A. Create a Smart View report using the query designer feature.
- B. Build an OTBI analysis that includes a relevant subject area.
- C. Use either Account Monitor or Account Inspector to get required Information.
- D. Build a Financial Reporting Studio report that includes all dimensions.
Correct Answer: B 🗳️
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.
What would the typical line information be?
- A. Truck Type
- B. Company
- C. Customer Number
- D. Transaction Date
Correct Answer: A 🗳️
While creating a journal entry rule set you are NOT able to use an account rule that was created recently.
Which two reasons can explain this?
- A. The account rule is defined with a different chart of accounts from the journal entry rule set.
- B. The account rule is using sources that have not been assigned to the same event class that is associated to the journal entry rule set.
- C. The account rule does not return any valid account value.
- D. The account rule is defined with conditions that are not allowing the assignment.
Correct Answer: A,B 🗳️
To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?
- A. Conversion type and conversion date
- B. Conversion date and conversion rate
- C. Conversion type
- D. Conversion type, conversion date and conversion rate
Correct Answer: B 🗳️
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