Candidates worldwide study with Lead2Passed materials, and in 2026 their feedback still drives the roadmap. The 1Z0-1060-20 package reflects years of listening — 62 practice questions shaped by real users.
Oracle 1Z0-1060-20 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Accounting Hub Cloud 2020 Implementation Essentials |
| Exam Number: | 1Z0-1060-20 |
| Real Exam Qty: | 55-60 |
| Passing Score: | 65% |
| Exam Duration: | 90 minutes |
| Available Languages: | English |
| Certificate Validity Period: | 18 months |
| Exam Format: | Multiple Choice, Multiple Response |
| Exam Price: | $245 USD |
| Related Certifications: | Oracle Financials Cloud Certification Oracle Cloud ERP Certifications |
| Recommended Training: | Oracle University Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored or test center |
| Pre Condition: | Recommended: experience with Oracle Financials Cloud and basic accounting principles |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z0-1060-20 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Data Integration and Processing | - Transaction processing
|
| Implementation and Administration | - Deployment and maintenance
|
| Accounting Hub Cloud Overview | - Architecture and key components
|
| Accounting Rules and Mapping | - Accounting rule definition
|
| Reporting and Reconciliation | - Financial reporting outputs
|
| Configuration and Setup | - Initial setup tasks
|
Oracle Accounting Hub Cloud 2020 Implementation Essentials Exam: Clean Tools, Honest Terms
The 1Z0-1060-20 exam is a Oracle certification exam validating the Oracle Accounting Hub Cloud 2020 Implementation Essentials syllabus shown above. It belongs to these credential paths: Oracle Financials Cloud Certification, Oracle Cloud ERP Certifications. Candidates in 2026 start with Lead2Passed's 62 practice questions, available as a printable PDF, a Windows Desktop Test Engine, and an Online Test Engine — three versions of the same materials.
The official Oracle Accounting Hub Cloud 2020 Implementation Essentials outline defines 6 domains. The leading three are Implementation and Administration, Accounting Hub Cloud Overview, and Configuration and Setup. The full list is in the topics section above, and Lead2Passed's 62 practice questions cover each one.
Recommended: experience with Oracle Financials Cloud and basic accounting principles Since requirements change over time, confirm the latest on the official Oracle exam page before scheduling.
Three versions of the same study materials: a printable, expert-prepared PDF with free demo download and instant access; a Desktop Test Engine for Windows with customizable simulation and timed modes that works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. All 62 practice questions are identical across versions. Every purchase includes 365 days of free updates, a 50% renewal discount afterward, and unlimited computer installations.
The Oracle Accounting Hub Cloud 2020 Implementation Essentials exam requires 65% to pass, and registration costs $245 USD. A failed attempt means paying the same fee again — a readiness check with the Lead2Passed engines before booking is the cheaper option.
Oracle recommends these training resources for the Oracle Accounting Hub Cloud 2020 Implementation Essentials exam:
Follow the training with steady self-testing — the 62 practice questions from Lead2Passed help you apply theory and fill any gaps the training leaves.
The Oracle Accounting Hub Cloud 2020 Implementation Essentials exam contains 55-60 to complete within 90 minutes. Timed simulation in the Lead2Passed Desktop Test Engine teaches that rhythm before exam day does.
Lead2Passed issues a full refund if you take the Oracle Accounting Hub Cloud 2020 Implementation Essentials exam within 60 days of purchase and do not pass. The policy does not apply if the exam is taken within 3 days of purchase, if the exam was never actually taken, or to free materials or expired orders, and the candidate name must match the payer name. Submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Alternatively, exchange for two free exam products of equal value and keep your original update service. Orders arrive by email within 1 minute — contact support if nothing arrives within 2 hours.
Online proctored or test center Register for the Oracle Accounting Hub Cloud 2020 Implementation Essentials exam through these official channels:
After booking, Lead2Passed delivers your practice questions within 1 minute — preparation starts the same day.
Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:
Which two actions can you accomplish for a registered source system?
- A. Add new event classes through the user interface.
- B. Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet.
- C. Modify the subledger application name as long as there are no pending accounting entries.
- D. Revise source Information through the user interface and add more sources.
Correct Answer: B,D 🗳️
Which four options are used to reconcile subledger journal entries?
- A. Assign a descriptive text and source on journal lines.
- B. Set up reconciliation using the reconciliation reference accounting attribute.
- C. Build a custom OTBI report.
- D. Tag supporting references with journal entry lines.
- E. Run the Subledger Accounting Diagnostics report.
- F. Run the Subledger Accounting Method Setups report.
Correct Answer: A,B,C,D 🗳️
What attribute of a subledger journal entry is NOT transferred to GL?
- A. Accounted amounts
- B. Accounting class
- C. Supporting references
- D. Accounting lines
Correct Answer: C 🗳️
What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?
- A. provide real-time visibility to financial reports in FAH Reporting Cloud Service
- B. synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
- C. transfer Balances to FAH Reporting Cloud Service
- D. upload transaction data into FAH Reporting Cloud Service
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 do you do to enable costs flow from 'New Truck' to 'Fix Truck'?
- A. Enable intercompany balancing option
- B. Enable balancing rules
- C. Enable chart of accounts rule
- D. Enable legal entity rule
Correct Answer: A 🗳️
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