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Oracle 1Z0-1060-20 Actual Tests : Oracle Accounting Hub Cloud 2020 Implementation Essentials

1Z0-1060-20 actual test
  • Exam Code: 1Z0-1060-20
  • Exam Name: Oracle Accounting Hub Cloud 2020 Implementation Essentials
  • Updated: Jul 17, 2026
  • Q & A: 62 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

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Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. 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) Revise source Information through the user interface and add more sources.
D) Modify the subledger application name as long as there are no pending accounting entries.


2. What attribute of a subledger journal entry is NOT transferred to GL?

A) Supporting references
B) Accounted amounts
C) Accounting class
D) Accounting lines


3. There is a business requirement to display supporting information with some text and source value at the journal line level that will vary depending on the entered amounts for the line.
What is the solution to implement this requirement?

A) define user transaction line identifier
B) define line description rule with condition
C) define journal entry rule set with condition
D) define journal line rules with conditions


4. '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) Recurring Journal class
B) Recognition Journal class
C) Accounting class
D) Multiperiod class


5. Which transaction source is used to link transaction header and line information?

A) Transaction Number
B) Transaction Key
C) Transaction Date
D) Transaction Type


Solutions:

Question # 1
Answer: B,C
Question # 2
Answer: A
Question # 3
Answer: B
Question # 4
Answer: D
Question # 5
Answer: A

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