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Oracle 1Z1-1060 exam : Oracle Accounting Hub Cloud 2019 Implementation Essentials

1Z1-1060 Exam Questions
  • Exam Code: 1Z1-1060
  • Exam Name: Oracle Accounting Hub Cloud 2019 Implementation Essentials
  • Updated: Oct 26, 2026
  • Q & A: 60 Questions and Answers
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About Oracle 1Z1-1060 Exam Guide

In just a few years, the Oracle 1Z1-1060 exam has turned into one of the most influential IT certification tests around — and employers know it. TorrentExam helps you clear it with 60 practice questions for the Oracle Accounting Hub Cloud 2019 Implementation Essentials exam, built on the experience of certified IT experts.

Oracle 1Z1-1060 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Accounting Hub Cloud 2019 Implementation Essentials
Exam Number:1Z0-1060
Exam Format:Multiple Choice, Multiple Response
Related Certifications:Oracle ERP Cloud Financials
Oracle Cloud Applications Implementation Specialist
Oracle Financials Cloud
Exam Duration:120 minutes
Available Languages:English
Exam Price:USD 245
Recommended Training:Oracle University Training - Accounting Hub Cloud
Exam Registration:Oracle Certification Registration
Sample Questions:Oracle 1Z1-1060 exam demo
Exam Way:Online proctored exam via Oracle Testing Center or authorized provider
Pre Condition:Recommended knowledge of Oracle Financials Cloud and basic accounting principles.
Official Syllabus URL:https://education.oracle.com

Oracle 1Z1-1060 Exam Syllabus Topics:

SectionObjectives
Security and Administration- User roles and access control
  • 1. Security model configuration
    • 2. Data access and permissions
      Subledger Accounting and Rules- Accounting rule definitions
      • 1. Journal entry rules and mappings
        • 2. Conditions and sources for accounting rules
          Accounting Hub Cloud Overview- Core concepts and architecture
          • 1. Accounting Hub Cloud purpose and use cases
            • 2. Integration with Oracle ERP Cloud
              Data Integration and Processing- Source system integration
              • 1. Accounting Hub data flows
                • 2. Import and transformation of source data
                  Configuration and Setup- Application setup
                  • 1. Accounting rules framework setup
                    • 2. Ledger and chart of accounts configuration
                      Reporting and Reconciliation- Financial reporting
                      • 1. Account analysis and reconciliation processes
                        • 2. Audit and traceability of accounting entries

                          What Oracle Candidates Ask About the Oracle Accounting Hub Cloud 2019 Implementation Essentials Exam

                          The 1Z1-1060 exam is spread across 6 knowledge areas. The dominant ones are Accounting Hub Cloud Overview, Subledger Accounting and Rules, Reporting and Reconciliation — study them in proportion to their share. The complete domain-by-domain outline is right above this section.

                          Recommended knowledge of Oracle Financials Cloud and basic accounting principles. Requirements like these are set by Oracle and evolve over time, so verify the latest version on the official exam page: https://education.oracle.com before you register for the Oracle Accounting Hub Cloud 2019 Implementation Essentials exam.

                          Yes — TorrentExam offers a free download of Oracle Accounting Hub Cloud 2019 Implementation Essentials sample questions and answers so you can judge our reliability yourself. Every purchase afterward includes 365 days of free updates; once that year ends, extend the update service at a 50% discount from your member zone.

                          Yes, the vendor recommends these options:

                          Training lays the groundwork; then the 60 practice questions for the 1Z1-1060 exam from TorrentExam show whether your knowledge survives real exam pressure.

                          The 1Z1-1060 exam is Oracle's official skills test — pass it and you earn the Oracle Accounting Hub Cloud certification, a credential aimed at the Professional tier. Its influence comes from practicality: it measures the abilities employers actually need from certified staff, which is why the Oracle Accounting Hub Cloud 2019 Implementation Essentials credential shows up in job listings across the industry. It also relates to Oracle Financials Cloud, Oracle ERP Cloud Financials, Oracle Cloud Applications Implementation Specialist, giving your certification plan a natural next step.

                          Keep in mind that the exam itself is delivered as Online proctored exam via Oracle Testing Center or authorized provider.

                          Delivery is instant: once payment clears, the 1Z1-1060 product is emailed to you within one minute — no email after 2 hours (check spam first), and support resends it right away. There is no limit on installations. On failure, the refund policy protects you when the following holds: you sat the corresponding 1Z1-1060 exam within 60 days of purchase, and you submit a scanned enrollment slip plus the official Score Report PDF within 2 days after the exam. Refunds complete within 7 days. Not covered: attempts within 3 days of purchase, exams never actually taken, free materials, expired orders — and the candidate's name must match the payer's. If you prefer, exchange the product for two free exam products of equal value and keep the update service on your original purchase.

                          Oracle Accounting Hub Cloud 2019 Implementation Essentials Sample Questions:

                          Question #1

                          Which three duty roles are required to perform Accounting Hub setup tasks?

                          • A. Accounting Hub Administration
                          • B. Accounting Hub Integration
                          • C. Subledger Accounting Manager
                          • D. Accounting Hub Maintenance
                          • E. Application Implementation Consultant
                          Reveal Solution  Discussion  0

                          Correct Answer: B,C,E  🗳️

                          Question #2

                          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.
                          How do you pass the calculated value for discount amounts in accounting rules to the corresponding journal line?

                          • A. Assign it to a transaction type.
                          • B. Assign it to an account rule.
                          • C. Assign it to an accounting method.
                          • D. Assign it to an accounting attribute.
                          Reveal Solution  Discussion  0

                          Correct Answer: C  🗳️

                          Question #3

                          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 would the typical line information be?

                          • A. Truck Type
                          • B. Transaction Date
                          • C. Company
                          • D. Customer Number
                          Reveal Solution  Discussion  0

                          Correct Answer: D  🗳️

                          Question #4

                          Given the subledger journal entry:

                          Note that the first segment is the primary balancing segment.
                          Which statement is True regarding this subledger journal entry?

                          • A. It is not balanced by entered currency.
                          • B. It appears correct.
                          • C. It is not balanced by entered amounts.
                          • D. It is not balanced by balancing segment.
                          Reveal Solution  Discussion  0

                          Correct Answer: C  🗳️

                          Question #5

                          To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?

                          • A. Conversion type
                          • B. Conversion type and conversion date
                          • C. Conversion type, conversion date and conversion rate
                          • D. Conversion date and conversion rate
                          Reveal Solution  Discussion  0

                          Correct Answer: D  🗳️

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