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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:
1. The cloud client wants to drive an efficient transfer of accounting entries between Subledger Accounting and their General Ledgers. Hence, they are skipping the Post Subledger Journal Entries and Journal Import processes.
Under what three conditions are the improvements to transfer of Subledger Accounting entries to General Ledger enhancement ignored?
A) When online accounting is submitted from the transaction pages
B) When the Create Accounting process is submitted in Final and Post modes
C) When the Multiperiod Accounting process is submitted
D) When accounting is transferred outside of Fusion General Ledger
2. You are implementing the Oracle Fusion Cloud Financial Accounting Hub (FAH) service for three legacy Receivables systems. As part of your FAH implementation project, the customer requests that general ledger journals be summarized to keep a thin general ledger as billing in the three source systems is per delivery.
Which two options can be used in FAH to create the requested general ledger journals?
A) Summarize by general ledger date
B) Summarize by general ledger period
C) Group by general ledger period
D) Summarize by journal source
E) Summarize by journal category
F) Group by general ledger date
3. Your client, a banking organization, has operations in the USA, the UK, France, Japan, and Singapore. As an implementation consultant, you ask the project team to maintain a global chart of accounts. However, the management team in the UK does not agree to allow the generation of dynamic code combinations for the chart of accounts values.
What solution would you propose to address this scenario?
A) Define two charts of accounts structures. Enable dynamic inserts for the first structure and disable it for the second one. Assign the first structure to the USA, France, Japan, and Singapore ledgers and the second structure to the UK ledger.
B) Define one chart of accounts structure and enable dynamic inserts for the USA, France, Japan, and Singapore at the ledger options level, but disable it for the UK ledger
C) Define two chart of accounts structure instances. Enable dynamic inserts for the first structure instance and disable it for the second one. Assign the first chart of accounts structure instance to the USA, France, Japan, and Singapore ledgers and the second chart of accounts structure instance to the UK ledger.
D) Define one chart of accounts structure and disable dynamic inserts for the UK ledger by using the
"Allow Dynamic Inserts" profile option
4. Your company is part of the financial services industry and manages various types of transactions, such as Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep in their source system. While analyzing their source transaction system, you are asked to propose an event model, based on the activities performed by the company.
According to your analysis, what should the Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep transactions be defined as while registering the source system?
A) Event types
B) Event classes
C) Source systems
D) Journal sources
5. Which TWO options can you use for reconciling subledger journal entries with the source system?
A) Submit the Subledger Accounting Diagnostics report
B) Tag supporting references with Journal Line Rules
C) Submit the Subledger Accounting Diagnostics report
D) Submit Period Close Exception Report
Solutions:
Question # 1 Answer: A,B,C | Question # 2 Answer: A,B | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: C,D |