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Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

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

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

2. What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?

A) transfer Balances to FAH Reporting Cloud Service
B) provide real-time visibility to financial reports in FAH Reporting Cloud Service
C) upload transaction data into FAH Reporting Cloud Service
D) synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service

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

4. Which three are mandatory transaction source information?

A) Transaction Number
B) Transaction Line
C) Distribution Link
D) Transaction Date
E) Ledger Name

5. A customer has four external systems: Consumer Loan, Auto Loan, Home Loan and Insurance. Functional users are allowed to process and view transactions and accounting for all these systems.
Which two implementations allow similar accounting rules to be shared?

A) One subledger for Consumer Loan and Auto Loan, and one subledger for Home Loan and Insurance.
B) One subledger for the 3 Loan systems and one subledger for Insurance.
C) One subledger for each source system.
D) One subledger for all 4 source systems.

Solutions: