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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Your client has operations in both the US and the UK, and they currently use a third-party billing system to process transactions like Complete an Invoice, Record a Payment, Record Late Charges, and Recognize Revenue. You are part of the implementation team of the Accounting Hub solution, and they request you to generate a dynamic description based on the following scenario:
"When Invoice Date is greater than or equal to 1st January 2018, concatenate Project Number and Invoice Number else concatenate Customer Name and Invoice Number." In which format would you enter the date in the user-defined formula to achieve this requirement?

A) DD-MON-YY
B) YY-MON-DD
C) YYYY-MON-DD
D) DD-MON-YYYY

2. 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.
How many event classes will be generated by the system while registering the source system?

A) Two
B) Three
C) Four
D) One

3. Where do you define the currency conversion type to be used in converting accounted amount for reporting currency ledger?

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

4. Which two actions can you accomplish for a registered source system?

A) Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet
B) Add new event classes through the user interface
C) Revise source Information through the user interface and add more sources
D) Modify the subledger application name as long as there are no pending accounting entries

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

Solutions: