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Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

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

2. The new billing source system has been registered into Accounting Hub Cloud. The subledger is in active state. At a later date, the business decides to bring in another legacy system (for example, a payment system) for accounting in Accounting Hub.
What two options do you have?

A) Change the transaction data file.
B) Register it as a new source system.
C) Add this as a new transaction type into existing registered subledger from the user interface.
D) Add this as a new transaction typo into existing subledger registration spreadsheet template.

3. What is the duty role that needs to be assigned for authorizing accounting processing in Accounting Hub Cloud?

A) Accounting HubIntegration Duty Role
B) Accounting Hub Import Duty Role
C) Accounting Hub Create and Post Journal Entry Duty Role
D) Accounting Hub Create Accounting Duty Role

4. Which is used to track a specific transaction attribute on subledger journal entries?

A) lookup value rules
B) value set rules
C) supporting references
D) account rules

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

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

Solutions: