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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Your customer wants to monitor the balances of their key General Ledger (GL) accounts on a regular basis and asks your advice on the best reporting option.
Which reporting tool would you suggest?

A) Financial Reporting Studio
B) Smart View
C) Oracle Transactional Business Intelligence
D) Account Groups and Sunburst

2. The Insurance for Homes company provides home insurance services in the USA, the UK, France, and Italy.
It is headquartered in the USA. The entities in the UK, France, and Italy are subsidiaries of the USA entity.
The company decides to configure four primary ledgers, one each for the USA, the UK, France, and Italy. It also plans to configure three secondary ledgers under the UK, France, and Italy primary ledgers.
Which TWO statements are true about setting up secondary ledgers?

A) Conversion levels available for a secondary ledger are Balance, Journal, and Subledger only
B) A chart of accounts mapping is only required if a secondary ledger has a different chart of accounts than its primary ledger
C) Conversion levels available for a secondary ledger are Balance, Journal, Adjustment only, andSubledger
D) A chart of accounts mapping is always required between the chart of accounts of the primary ledger and the secondary ledger

3. To create journal entries, the Create Accounting process takes source data used in accounting rules from tables or views.
What are the tables or views called?

A) Mapping sets
B) Event entities
C) Source objects
D) Transaction objects

4. Your client 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. They want to retrieve the value of the Natural Account segment directly from the source system and are seeking your advice on this requirement.
Which TWO should you factor into your advice on how to register the source system using the spreadsheet template to meet your client requirement?

A) Chart of Accounts Value column should be updated with a value of "Yes"
B) Natural Account should be defined as a "Long Text" type source
C) Natural Account should be defined as a "Text" type source
D) Natural Account should be defined as a "Number" type source

5. Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they process their transactions in a source system. You have been appointed as a consultant to implement Accounting Hub Cloud and standardize their accounting process. You decide to register their source system as a single application in Accounting Hub Cloud. Your customer wants to know the changes that are allowed after registering a source system.
Which THREE actions can be performed after registering a source system?

A) Add new event classes through the user interface
B) Revise source names and add more sources through the user interface
C) Assign a named segment from the chart of accounts to the sources that correspond to the accounting flexfield identifiers
D) Modify the subledger application name as long as there are no pending accounting entries
E) Assign and update value set and lookup type assignments to sources

Solutions: