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Oracle 1Z0-1060-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Accounting Rules Configuration | 30% | - Event model and event classes/types - Account rules and mapping sets - Supporting references and accounting methods - Description and journal line rules |
| Accounting Hub Overview | 10% | - Business benefits and use cases - Subledger Accounting (SLA) overview - Architecture and core concepts |
| Implementation and Security | 10% | - Role-based access control - Implementation lifecycle - Troubleshooting and best practices |
| Reporting and Inquiry | 15% | - Accounting Hub reports and dashboards - Reconciliation and diagnostics - Journal inquiry and drill-down |
| Transaction Processing | 15% | - Transfer to General Ledger - Create Accounting process - Transaction validation and error handling |
| Source System Integration | 20% | - File-based data import and mapping - Register source systems - Define transaction objects and attributes |
Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:
1. Which four options are used to reconcile subledger journal entries?
A) Run the Subledger Accounting Diagnostics report.
B) Build a custom OTBI report.
C) Tag supporting references with journal entry lines.
D) Run the Subledger Accounting Method Setups report.
E) Assign a descriptive text and source on journal lines.
F) Set up reconciliation using the reconciliation reference accounting attribute.
2. What can you override in a completed subledger journal entry?
A) the account
B) the supporting Information
C) the descriptions
D) the amounts
3. 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 a Financial Reporting Studio report that includes all dimensions.
C) Use either Account Monitor or Account Inspector to get required Information.
D) Build an OTBI analysis that includes a relevant subject area.
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 Transaction Information
C) Source System and Line Information
D) Source System
5. After supporting references balances setup component is tagged to subledger journal entries, what type of reports need to be created so that the information is available to users?
A) a Smart View Report
B) a predefined Oracle Business Intelligence Publisher report
C) an Oracle Transactional Business Intelligence analysis
D) an Oracle Financial Reporting Studio report
Solutions:
| Question # 1 Answer: B,C,E,F | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: C |
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