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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:
1. Your customer is engaged in the business of distributing different types of loans to their customers. They need to generate dynamic descriptions for journal lines based on the type of interest rates. The two types of interest rates are adjustable and fixed.
What would be your recommendation to the customer?
A) Set up separate description rules for adjustable and fixed rates
B) Set up a single description rule with conditions defined for two priorities, one for adjustable rates and the other for fixed rates
C) Define a separate journal entry rule set for each rate type
D) Set up separate journal line rules for adjustable and fixed rates
2. Your client deals in Banking, Insurance, and Stock Trading. They have separate transaction systems to process their transactions. You have been appointed as a consultant to implement Accounting Hub Cloud to streamline and standardize the accounting process for each of the source systems.
The client wants to generate the following accounting entries:
* Banking-related transactions on a daily basis
* Stock trading transactions on alternate days
* Insurance transactions on a weekly basis
Considering the nature of business, frequency of generating accounting entries, and the load on the system, how many source systems would you suggest?
A) Three
B) Four
C) One
D) Two
3. A manual subledger journal did not reverse. What could be the reason for this?
A) The Reverse Accrual On field was left null
B) The next accounting period was open
C) The next accounting period was future-enterable
D) The Create Accrual Reversal Accounting process had run and completed with no errors
4. You are trying to explain to an accountant that account override is an adjustment feature of Subledger Accounting.
Which TWO traits can help you further explain this feature?
A) It adjusts the original source transaction
B) It allows users to record a reason for the adjustment
C) It is intended to correct only the subledger journals that have been posted
D) It provides an audit trail by preserving the original subledger journal entry
5. Your customer wants to be alerted to changes in the balances of their key General Ledger accounts on a regular basis and asks your advice on the best reporting option.
Which reporting tool would you suggest?
A) Financial Reporting Studio
B) Oracle Transactional Business Intelligence
C) Account Groups and Sunburst
D) Smart View
Solutions:
| Question # 1 Answer: B,D | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: B,D | Question # 5 Answer: C |
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