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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. You are tasked with troubleshooting a Create Accounting error.
What is the first step you need to take to use the Diagnostics Framework features?

A) Run the Accounting Events Diagnostic report
B) Set the "SLA: Enable Diagnostic" profile option
C) Run Create Accounting again to generate journal entries for the events that ended in error
D) Submit the Accounting Event Diagnostics process

2. You are trying to explain to an accountant that account override is an adjustment feature of Subledger Accounting.
Which TWO traits can help you further explain this feature?

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

3. Your client, a banking organization, is currently using different transaction systems to take care of various types of loans, including vehicle loans, personal loans, education loans, and housing loans.
You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge Off as event types.
Now the customer has asked you to add another transaction type called Loan Interest Accrual Reversal.
What should be your response to the customer?

A) Loan Interest Accrual Reversal can be added as a new event type from the user interface.
B) A new transaction type cannot be added after the source system is registered.
C) The source system should be registered again by including the Loan Interest Accrual Reversal event type.
D) Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template.

4. Your client decides to implement Accounting Hub along with other Oracle-owned subledgers. They want to know about the predefined accounting methods that Oracle provides.
Which of the following THREE are predefined accounting methods?

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

5. Your client has a requirement to report directly from the transactional tables and return the results in real- time, in turn eliminating the need for a data warehouse.
Which tool would you suggest to your client for this purpose?

A) Smart View
B) Financial Reporting Studio
C) Account Group
D) Oracle Transactional Business Intelligence

Solutions: