Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. 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) Event types
B) Journal sources
C) Event classes
D) Source systems

2. Your customer wants to be alerted to changes in the balances of their key General Ledger accounts on a regular basis and asks your advice on the best reporting option.
Which reporting tool would you suggest?

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

3. Your client has decided to implement Accounting Hub along with other Oracle-owned subledgers. They want to know about the predefined accounting methods that Oracle provides.
Which three are the predefined accounting methods?

A) Standard Accrual for China
B) Standard Accrual
C) Standard Accrual with Encumbrances
D) Standard Accrual for Japan
E) Standard Accrual for USA

4. You are explaining to an accountant that account override is an adjustment feature of subledger accounting.
Which two traits can help you explain this?

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

5. 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 define a default output value to use when actual input values do not match the mappings
B) The mappings can be entered only by using the user interface
C) Mapping sets are unique to each sub-ledger application, in order to know which input sources to make available.
D) You can use up to 10 transaction or reference attributes as input in a mapping
E) One mapping set can be used for only one account rule at a time

Solutions: