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Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. Given the journal:

What is the terminology that is used to identify the "Account Number', 'Original Balance' , and 'Origination Date' fields?

A) Source System Identifier
B) Attribute Identifier
C) User Transaction Identifier
D) System Identifier

2. A financial analyst at your workplace would like to frequently view Journal entries report with all line details attributes with user's specific set of criteria and pivot table.
What is the solution to implement this requirement quickly?

A) Build a custom Oracle Transactional Business Intelligence report on subledger accounting subject areas.
B) Request support team to download subledger Journal entry data.
C) Run predefined reports and filter the report with the available report parameters.
D) Build a new data warehouse solution.

3. After registering a new source system into Accounting Hub and going live for a short period, your customer identified the need to add additional transaction sources. What should you do?

A) Add new transaction sources in the current source system registration spreadsheet and re-upload the spreadsheet file.
B) Tell them this cannot be implemented.
C) Register another source system that includes these new transaction sources.
D) Add new transaction sources from the user interface.

4. Given the subledger journal entry:

Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?

A) It is not balanced by entered currency.
B) It is not balanced by entered amounts.
C) It appears correct.
D) It is not balanced by balancing segment.

5. What kind of sequence can be assigned to subledger journal entries at the time that the journal entries are created in final mode?

A) Journal Entry Sequence
B) Accounting Sequence
C) Document Sequence
D) Reporting Sequence

Solutions: