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Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. How do you enable diagnostics on subledger transaction sources?

A) enable diagnostic profile
B) enable transaction debug
C) enable diagnostic attribute
D) enable diagnostic source

2. 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

3. After registering a new source system into Accounting Hub and going live for a short period, your customer identified the need to add additional transaction sources. What should you do?

A) Add new transaction sources from the user interface.
B) Register another source system that includes these new transaction sources.
C) Tell them this cannot be implemented.
D) Add new transaction sources in the current source system registration spreadsheet and re-upload the spreadsheet file.

4. What kind of sequence can be assigned to subledger journal entries at the time that the journal entries are created in final mode?

A) Accounting Sequence
B) Journal Entry Sequence
C) Document Sequence
D) Reporting Sequence

5. You are explaining to an accountant that account override is an adjustment feature of Subledger Accounting.
Which two traits can help you explain this feature?

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

Solutions: