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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Your client decides to implement Accounting Hub along with other Oracle-owned subledgers. They want to know about the predefined accounting methods that Oracle provides.
Which of the following THREE are predefined accounting methods?

A) Standard Accrual for China
B) Standard Accrual
C) Standard Accrual for Japan
D) Standard Accrual for USA
E) Standard Accrual with Encumbrances

2. 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) Accounting Class
B) Rounding Class
C) Business Flow Class
D) Event Class

3. You are tasked with troubleshooting a Create Accounting error.
What is the first step you need to take to use the Diagnostics Framework features?

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

4. Your client 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. They want to retrieve the value of the Natural Account segment directly from the source system and are seeking your advice on this requirement.
Which TWO should you factor into your advice on how to register the source system using the spreadsheet template to meet your client requirement?

A) Natural Account should be defined as a "Text" type source
B) Natural Account should be defined as a "Long Text" type source
C) Natural Account should be defined as a "Number" type source
D) Chart of Accounts Value column should be updated with a value of "Yes"

5. To create journal entries, the Create Accounting process takes source data used in accounting rules from tables or views.
What are the tables or views called?

A) Transaction objects
B) Source objects
C) Event entities
D) Mapping sets

Solutions: