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Oracle 1Z1-1060 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Accounting Hub Cloud 2019 Implementation Essentials
Exam Number:1Z0-1060
Real Exam Qty:60
Exam Duration:90 minutes
Available Languages:English
Certificate Validity Period:As determined by Oracle (typically 3 years before retirement)
Exam Price:USD price varies by region (typically around $245)
Passing Score:Not publicly disclosed
Related Certifications:Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
Oracle Financials Cloud: Receivables 2019 Implementation Essentials
Oracle Accounting Hub Cloud Certified Implementation Specialist
Exam Format:Multiple Choice
Sample Questions: DOWNLOAD DEMO
Exam Way:Onsite or online through Oracle's test delivery partners
Pre Condition:None officially specified; recommended understanding of Oracle Financials Cloud or Accounting Hub Cloud
Official Syllabus URL:https://education.oracle.com/oracle-accounting-hub-cloud-2019-implementation-essentials/pexam_1Z0-1060

Oracle 1Z1-1060 Exam Syllabus Topics:

SectionObjectives
Reporting and Audit- Reporting using OTBI and BI Publisher
- Audit and compliance considerations
Core Concepts and Features- Accounting Hub Cloud architecture and integration
- Transaction types and event classes
Configuration and Setup- Accounting rule configuration
- Source system registration and setup
- Security and access control
Accounting Processes- Supporting references and account derivation
- Accounting transformation and journal generation
- Diagnostics and reconciliation

Oracle Accounting Hub Cloud 2019 Implementation Essentials Exam FAQ — Clear and Current

None officially specified; recommended understanding of Oracle Financials Cloud or Accounting Hub Cloud Vendors revise eligibility rules periodically, so confirm the current requirements on the official page (official 1Z1-1060 exam page) before registering.

Delivery is instant — an automatic email within a minute of payment, unlimited devices, and 7*24 online service (replies within two hours) if anything's missing after 2 hours; check spam first. If you fail the corresponding 1Z1-1060 exam within 60 days of purchase, we refund all the cost you paid: send a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam, processed within 7 days. Excluded: exams within 3 days of purchase, candidate names that don't match the payer, and free or expired products. Alternatively, exchange for two equal-value products free.

90 minutes for 60 questions. Train the pace in advance: timed practice sessions turn the exam clock from a threat into a habit.

The Oracle Accounting Hub Cloud 2019 Implementation Essentials blueprint spans 4 domains — including Core Concepts and Features, Reporting and Audit, Accounting Processes. Study in proportion to the weightings; the complete outline above details every subtopic.

Yes — free demo downloads let you tell whether the Oracle Accounting Hub Cloud 2019 Implementation Essentials material suits you before purchasing. Purchases include 365 days of free updates, each new version emailed immediately; renew afterward at 50% off.

USD price varies by region (typically around $245) per attempt, Not publicly disclosed to pass. Retakes bill again at full price — prepare thoroughly with the 60 practice questions for the 1Z1-1060 exam at Pass4training first.

The Oracle Accounting Hub Cloud 2019 Implementation Essentials is Oracle's certification exam for Oracle Financials Cloud, at the Implementation Specialist / Associate level. These certifications are valued precisely because they're demanding — passing one validates real capability. Related credentials include Oracle Accounting Hub Cloud Certified Implementation Specialist, Oracle Financials Cloud: General Ledger 2018 Implementation Essentials, Oracle Financials Cloud: Receivables 2019 Implementation Essentials.

Oracle Accounting Hub Cloud 2019 Implementation Essentials Sample Questions:

Question #1

'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.
Which is a correct example for a formula to prorate amounts evenly across each period? Note that the NumberofGLPeriod is a predefined function that returns the number of non adjustment accounting periods between two dates.

  • A. "Amount" *( NumberofGLPeriod ("Effective Date", "Last Day of Current Accounting Period") + 1)/ (NumberofGLPeriod ("Effective Date", "Expiiy Date") + 1)
  • B. "Amount" * NumberofGLPeriod ("Effective Date", "Last Day of Current Accounting Period") / NumberofGLPeriod ("Effective Date", 'Expiry Date")
  • C. "Amount" - ("Last Day of Current Accounting Period" - "Effective Date" ) / ("Expiry Date" -"Effective Date")
  • D. "Amount" * ("Last Day ol Current Accounting Period" - "Effective Date" + 1) / (("Expiry Date"
    "Effective Date") + 1)
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #2

How do you enable diagnostics on subledger transaction sources?

  • A. enable diagnostic profile
  • B. enable diagnostic attribute
  • C. enable diagnostic source
  • D. enable transaction debug
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #3

What is the recommended approach for a use case in which some parts of the transaction data must be processed before uploading them to Accounting Hub Cloud?

  • A. Use Oracle OTBI tool.
  • B. Use PaaS tools, for example, ICS - to perform ETL tasks.
  • C. Use a web service tool.
  • D. Use Oracle ERP Integration tool.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

What is NOT included in the minimum required accounting attribute assignments?

  • A. Distribution Type
  • B. First Distribution Identifier
  • C. Second Distribution Identifier
  • D. Accounting Date
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #5

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. Capture customer information as the source and develop a custom report using Online Transactional Business Intelligence (OTBI).
  • B. Use the Third Party Control Account feature.
  • C. Use Supporting References to capture customer classification information.
  • D. Use the Open Account Balances Listing report that has balances by customer.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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