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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Your customer needs to generate journal entries for the insurance premium collected from the sale of policies.
The different components of the premium collected by the company include Basic Premium and Tax.
While uploading the transaction details containing both Basic Premium and Tax amounts, which transaction source would you use to link the transaction header and line information?

A) Document Key
B) Transaction Number
C) Transaction Type
D) Document Sequence Number

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

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

3. Your client, a banking organization, currently uses different transaction systems for various types of loans, including vehicle loans, personal loans, education loans, and housing loans. The client has already implemented other subledger applications including payable, assets, and expenses.
You have been hired as a consultant to help them implement the Accounting Hub solution for streamlining the accounting entries from the source system. One of their requirements is to track the overall loan amount disbursed by each loan officer. You decide to use the supporting references functionality to achieve this requirement. However, when you try to define the loan officer as a supporting reference, the add option is disabled.
What could be the reason for this issue?

A) Supporting reference tracking was not enabled while registering the source system
B) Supporting references can be used only with predefined applications, such as payable, assets, and expenses
C) Subledger application name was not selected as a scope before defining the supporting reference
D) Thirty supporting references with balances have already been defined, so a new supporting reference cannot be added

4. Apart from a mapping set-based account rule, which is the other way to retrieve segment values for journal entries?

A) Define a lookup type rule with conditions
B) Define a flexfield rule with conditions
C) Define a chart of accounts rule with conditions
D) Define an account rule with conditions

5. Which TWO privileges are recommended while enabling Audit History on several key business objects?

A) View Audit History
B) Manage Audit Policies
C) Audit Assignment Grade
D) Manage Application Objects

Solutions: