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Oracle 1Z0-1060-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Source System Integration | 20% | - Define transaction objects and attributes - Register source systems - File-based data import and mapping |
| Topic 2: Transaction Processing | 15% | - Transfer to General Ledger - Create Accounting process - Transaction validation and error handling |
| Topic 3: Accounting Rules Configuration | 30% | - Supporting references and accounting methods - Event model and event classes/types - Account rules and mapping sets - Description and journal line rules |
| Topic 4: Implementation and Security | 10% | - Troubleshooting and best practices - Role-based access control - Implementation lifecycle |
| Topic 5: Reporting and Inquiry | 15% | - Journal inquiry and drill-down - Accounting Hub reports and dashboards - Reconciliation and diagnostics |
| Topic 6: Accounting Hub Overview | 10% | - Subledger Accounting (SLA) overview - Architecture and core concepts - Business benefits and use cases |
Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:
1. What automation option is NOT available when uploading transaction data to Accounting Hub Cloud?
A) Oracle Virtual Web Center Services
B) Oracle Web Center Content Client Command line tool
C) Oracle UCM Web Services
D) ERP Integration Service
2. 'Insurances for Homes' company provide home insurance service. They have in house built system that processes home 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, be able to report and view the entries using an advanced reporting and analytical tools for slicing and dicing the Journal entries.
Insurance premium is to be recognized as income across the-coverage period of the insurance policy. How do you link the two journal lines in the recurring journal entries cases, so that these two journal lines are identified by the accounting process to create recurring Journal entries?
A) Multiperiod class
B) Recurring Journal class
C) Recognition Journal class
D) Accounting class
3. What can you override in a completed subledger journal entry?
A) the supporting Information
B) the amounts
C) the account
D) the descriptions
4. What are all the tabs that are available to be completed in the Register Source System spreadsheet?
A) Source System and Transaction Information
B) Source System
C) Source System, Transaction Information, and Line Information
D) Source System and Line Information
5. What is the duty role that needs to be assigned for authorizing accounting processing in Accounting Hub Cloud?
A) Accounting Hub Integration Duty Role
B) Accounting Hub Create and Post Journal Entry Duty Role
C) Accounting Hub Import Duty Role
D) Accounting Hub Create Accounting Duty Role
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: A |
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