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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. In Functional Setup Manager, if setup data is segmented by a specific context, you can perform the setup task iteratively, such as assigning different ledger options to different primary ledgers.
Which action should you take to specify the context?

A) Select the value for Functional Area
B) Select the value for Scope
C) Select the value for Lookup Code
D) Select the value for Feature

2. You are assigned to troubleshoot a Create Accounting error.
Which is the first step that you need to perform to use the Diagnostics Framework feature?

A) Submit the Accounting Event Diagnostic process.
B) Set the 'SLA: Enable Diagnostic' profile option.
C) Run the Accounting Event Diagnostic report.
D) Run Create Accounting again to generate journal entries for the events that ended in error.

3. Your client provides loans to their customers. You are appointed as a consultant to implement Accounting Hub Cloud and standardize the accounting process. Your client wants to retrieve the segment values for the debit and credit side of journal entries based on different criteria.
Which FOUR value types should you use in the definition of your account rules to generate journal entries as per the customer's requirement?

A) Constant
B) Source
C) Account rule
D) Value set
E) Account combination
F) Mapping set

4. Which two actions can you accomplish for a registered source system?

A) Revise source Information through the user interface and add more sources
B) Add new event classes through the user interface
C) Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet
D) Modify the subledger application name as long as there are no pending accounting entries

5. Your customer needs to generate journal entries for the insurance premium collected from the sale of policies.
The different components of the premium collected by the company include Basic Premium and Tax. You decide to set up three separate journal line rules to account for Basic Premium, Tax Amount, and Total Amount.
Which attribute in a journal line rule allows you to classify these three journal entry lines?

A) Event Class
B) Accounting Class
C) Business Flow Class
D) Rounding Class

Solutions: