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Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. What is the recommended approach for a use case in which some parts of the transaction data must be processed before uploading them to Accounting Hub Cloud?

A) Use Oracle ERP Integration tool.
B) Use PaaS tools, for example, ICS - to perform ETL tasks.
C) Use Oracle OTBI tool.
D) Use a web service tool.

2. You have created a description rule. When you try to select this description rule to be displayed as a header description rule in a journal entry rule set, you are not able to find this rule in the list of values.
What is the possible reason for NOT finding the rule?

A) The rule is built using a value set source.
B) The source does not return any value; therefore the rule is not displayed.
C) The rule is built using a line level source.
D) The rule is built using a custom source.

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

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

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

5. What is theterminology that is used to refer to the number of transactions processed by Create Accounting in one commit cycle?

A) Buffer Unit Size
B) Accounting Unit Commit Size
C) Virtual Machine Processing Size
D) Processing Unit Size

Solutions: