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Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. You have created a description rule. When you try to select this description rule to be displayed as a header description rule in a journal entry rule set, you are not able to find this rule in the list of values.
What is the possible reason for NOT finding the rule?

A) The rule is built using a line level source.
B) The source does not return any value; therefore the rule is not displayed.
C) The rule is built using a value set source.
D) The rule is built using a custom source.

2. Most of the accounting entries for transaction from the source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use the TAX_AMOUNT source.
At what level can you override the default accounting attribute assignment?

A) Journal Entry Rule Set
B) Event Type
C) Journal Entry
D) Journal Line Rule
E) Event Class

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

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

4. What are all the tabs that areavailable to be completed in the Register Source System spreadsheet?

A) Source System
B) Source System and Transaction Information
C) Source System and Line Information
D) Source System, Transaction Information, and Line Information

5. Where do you define the currency conversion type to be used in converting accountedamount for reporting currency ledger?

A) Manage Subledger Accounting Options
B) Specify Ledger Options
C) Manage Reporting Currencies
D) Manage Accounting Attribute Assignments

Solutions: