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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions (Q29-Q34):
NEW QUESTION # 29
Your client has operations in both the US and the UK. They currently use a third-party billing system to process transactions, such as Complete an Invoice, Record a Payment, Record Late Charges, and Recognize Revenue. You are part of the implementation team for the Accounting Hub solution. Your client wants to retrieve chart of accounts values for the line of business segment based on customer classification.
You decide to use the mapping sets functionality to fulfill this requirement.
Which THREE statements are true about using mapping sets?
- A. You can use up to 10 transaction or reference attributes as input in a mapping
- B. Mapping sets are unique to each sub-ledger application, in order to know which input sources to make available.
- C. You can define a default output value to use when actual input values do not match the mappings
- D. One mapping set can be used for only one account rule at a time
- E. The mappings can be entered only by using the user interface
Answer: A,B,C
NEW QUESTION # 30
Which three duty roles are required to perform Accounting Hub setup tasks?
- A. Accounting Hub Integration
- B. Accounting Hub Maintenance
- C. Accounting Hub Administration
- D. Subledger Accounting Manager
- E. Application Implementation Consultant
Answer: A,D,E
NEW QUESTION # 31
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 is intended to correct only the subledger journals that have been posted
- B. It adjusts the original source transaction
- C. It allows users to record a reason for the adjustment
- D. It provides an audit trail by preserving the original subledger journal entry
Answer: C,D
NEW QUESTION # 32
Your company 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. While analyzing the source transaction system, you are asked to propose an event model based on the activities performed by the company.
Based on your analysis, what should the Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep transactions be defined as while registering the source system?
- A. Source systems
- B. Event classes
- C. Event types
- D. Journal sources
Answer: C
NEW QUESTION # 33
You are implementing the Oracle Fusion Cloud Financial Accounting Hub (FAH) service for three legacy Receivables systems. As part of your FAH implementation project, the customer requests that general ledger journals be summarized to keep a thin general ledger as billing in the three source systems is per delivery.
Which two options can be used in FAH to create the requested general ledger journals?
- A. Summarize by general ledger period
- B. Summarize by journal category
- C. Group by general ledger period
- D. Summarize by journal source
- E. Summarize by general ledger date
- F. Group by general ledger date
Answer: A,E
NEW QUESTION # 34
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