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Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. Which two actions can you accomplish for a registered source system?

A) Add new event classes through the user interface.
B) Modify the subledger application name as long as thereare no pending accounting entries.
C) Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet.
D) Revise source Information through the user interface and add more sources.

2. You are implementing Fusion Accounting Hub for your external Accounts Receivables system. The external system sends invoices billed and cash receipts in a flat file, along with the customer classificationinformation.
You want the accounting amounts to be tracked by customers too but you do not want to add a Customer segment to your chart of accounts.
What is the solution?

A) Use the Open Account Balances Listing report that has balances by customer.
B) Capture customer information as the source and develop a custom report using Online Transactional Business Intelligence (OTBI).
C) Use the Third Party Control Account feature.
D) Use Supporting References to capture customer classification information.

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

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

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

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

5. What are all the tabs that areavailable to be completed in the Register Source System spreadsheet?

A) Source System and Line Information
B) Source System
C) Source System and Transaction Information
D) Source System, Transaction Information, and Line Information

Solutions: