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Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. There is a business requirement to display supporting information with some text and source value at the journal line level that will vary depending on the entered amounts for the line.
What is the solution to implement this requirement?

A) define user transaction line identifier
B) define journal entry rule set with condition
C) define journal line rules with conditions
D) define line description rule with condition

2. A customer has a business requirement to provide additional information about subledger Journals that cannot be found in a predefined report.
How can you meet this requirement?

A) Create a Smart View report using the query designer feature.
B) Use either Account Monitor or Account Inspector to get required Information.
C) Build an OTBI analysis that includes a relevant subject area.
D) Build a Financial Reporting Studio report that includes all dimensions.

3. You are explaining to an accountant that account override is an adjustment feature of Subledger Accounting.
Which two traits can help you explain this feature?

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

4. A new source system has been registered into Accounting Hub Cloud. Users are actively using this new subledqer. Subsequently, the business signed up a contract with a new supplier. A new mapping value that maps suppliers with the accounts needs to be added. You make updates on the mappings in the existing mapping set rule by adding more mapping valued.
After saving the update, what is the next required action?

A) There is no required action. The mapping addition is complete.
B) Download a new transaction data template.
C) Activate the journal entry rule set.
D) Activate the accounting method.

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

Solutions: