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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Given the business use case:
"New Trucks" runs a fleet of trucks in a rental business in the U.S. The majority of the trucks are owned; however, in some cases, "New Trucks" may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks" company has a subsidiary company "Fix Trucks" that maintains its own profit and loss entity. "New Trucks" and "Fix Trucks" are located in the same country and share a chart of accounts and accounting conventions.
How many ledgers are required to be set up?

A) One primary, one reporting currency ledger
B) One primary, one secondary ledger
C) One primary ledger
D) Two primary ledgers

2. A banking organization is currently using different transaction systems for various types of loans, including vehicle loans, personal loans, education loans, and housing loans. You have been appointed as a consultant to implement Accounting Hub Cloud.
Which THREE points should you remember while registering the source system for the organization?

A) Use separate subledgers to ensure less data processing in each run
B) Summarized Transaction type information cannot be sent for accounting transformation
C) Use separate subledgers to provide more security across applications
D) A transaction type and its associated transaction data typically relate to a single document of transaction
E) Use separate subledgers to share sub-ledger accounting rules

3. Which two options can you use to reconcile subledger journal entries with the source system?

A) Create and submit the Oracle Transactional BI Report to review supporting reference balances.
B) Tag supporting references with Journal Line Rules
C) Submit the Period Close Exception Report
D) Submit the Subledger Accounting Diagnostics report

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

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) Assign and update value set and lookup type assignments to sources
E) Modify the subledger application name as long as there are no pending accounting entries

Solutions: