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Oracle 1Z0-1060-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Accounting Hub Overview | 10% | - Architecture and core concepts - Business benefits and use cases - Subledger Accounting (SLA) overview |
| Topic 2: Transaction Processing | 15% | - Transaction validation and error handling - Transfer to General Ledger - Create Accounting process |
| Topic 3: Source System Integration | 20% | - Register source systems - Define transaction objects and attributes - File-based data import and mapping |
| Topic 4: Reporting and Inquiry | 15% | - Reconciliation and diagnostics - Journal inquiry and drill-down - Accounting Hub reports and dashboards |
| Topic 5: Accounting Rules Configuration | 30% | - Account rules and mapping sets - Description and journal line rules - Supporting references and accounting methods - Event model and event classes/types |
| Topic 6: Implementation and Security | 10% | - Troubleshooting and best practices - Role-based access control - Implementation lifecycle |
Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:
1. After registering a new source system into Accounting Hub and going live for a short period, your customer identified the need to add additional transaction sources. What should you do?
A) Register another source system that includes these new transaction sources.
B) Add new transaction sources from the user interface.
C) Tell them this cannot be implemented.
D) Add new transaction sources in the current source system registration spreadsheet and re-upload the spreadsheet file.
2. You are implementing Fusion Accounting Hub for your external Accounts Receivables system. The external system sends invoices billed and cash receipts in a flat file, along with the customer classification information.
You want the accounting amounts to be tracked by customers too but you do not want to add a Customer segment to your chart of accounts.
What is the solution?
A) Use Supporting References to capture customer classification information.
B) Capture customer information as the source and develop a custom report using Online Transactional Business Intelligence (OTBI).
C) Use the Open Account Balances Listing report that has balances by customer.
D) Use the Third Party Control Account feature.
3. Which three duty roles are required to perform Accounting Hub setup tasks?
A) Accounting Hub Administration
B) Application Implementation Consultant
C) Accounting Hub Maintenance
D) Accounting Hub Integration
E) Subledger Accounting Manager
4. What are all the tabs that are available to be completed in the Register Source System spreadsheet?
A) Source System, Transaction Information, and Line Information
B) Source System and Line Information
C) Source System and Transaction Information
D) Source System
5. How do you enable diagnostics on subledger transaction sources?
A) enable diagnostic attribute
B) enable diagnostic source
C) enable diagnostic profile
D) enable transaction debug
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: A,B,D | Question # 4 Answer: A | Question # 5 Answer: C |
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