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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Which two options can you use to reconcile subledger journal entries with the source system?

A) Tag supporting references with Journal Line Rules
B) Submit the Subledger Accounting Diagnostics report
C) Create and submit the Oracle Transactional BI Report to review supporting reference balances.
D) Submit the Period Close Exception Report

2. You are explaining to an accountant that account override is an adjustment feature of subledger accounting.
Which two traits can help you explain this?

A) It is intended to correct only the subledger journals that have been posted
B) It adjusts the original source transaction
C) It enables users to record a reason for the adjustment
D) It provides an audit trail by preserving the original subledger journal entry

3. 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) Mapping sets
B) Transaction objects
C) Source objects
D) Event entities

4. 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 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.
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 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.
D) Define one chart of accounts structure and disable dynamic inserts for the UK ledger by using the
"Allow Dynamic Inserts" profile option

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

Solutions: