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Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

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

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

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

A) Conversion type, conversion date and conversion rate
B) Conversion type and conversion date
C) Conversion date and conversion rate
D) Conversion type

3. After registering a new source system into Accounting Hub and going live for a short period, your customer identified the need to add additional transaction sources. What should you do?

A) Add new transaction sources from the user interface.
B) Tell them this cannot be implemented.
C) Add new transaction sources in the current source system registration spreadsheet and re-upload the spreadsheet file.
D) Register another source system that includes these new transaction sources.

4. A customer's business requirement demands a more granular view of transferred subledger journal entries in GL.
Which of the available General Ledger Journal Entry Summarization options meets this requirement?

A) Summarize by GL Date
B) Group by GL Date
C) Summarize by GL Period
D) Transfer in Details

5. While creating a journal entry rule set you are NOT able to use an account rule that was created recently.
Which two reasons can explain this?

A) The account rule is defined with conditions that are not allowing the assignment.
B) The account rule is using sources that have not been assigned to the same event class that is associated to the journal entry rule set.
C) The account rule does not return any valid account value.
D) The account rule is defined with a different chart of accounts from the journal entry rule set.

Solutions: