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Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. 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

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

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

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

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

5. Where do you define the currency conversion type to be used in converting accountedamount for reporting currency ledger?

A) Manage Accounting Attribute Assignments
B) Manage Reporting Currencies
C) Specify Ledger Options
D) Manage Subledger Accounting Options

Solutions: