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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

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

2. You recently created an analysis to review the periodic revenue amounts using Smart View. Your customer wants to use the drill-through option to get more details about the balances appearing in the analysis.
Which TWO drill-through options would meet the requirement?

A) Drill to Account Inspector
B) Drill to Detail Balances
C) Drill to Account Group
D) Drill to Financial Reporting Center

3. The company 'Insurance for Homes' provides home insurance services. It has an in-house system that processes home insurance payments received from customers. The end result of the process consists of a list of individual journal entries in a spreadsheet. The company wants to get all journal entries in a secure and auditable repository. Access will be limited to a select few staff members. Additionally, these staff members will need to be able to report and view the entries using an advanced reporting and analytical tool for slicing and dicing the journal entries.
Insurance premium is to be recognized as income across the coverage period of the insurance policy.
Which types of journal lines need to be set up to generate recurring journal entries for insurance premium in each accounting period?

A) Reversal and Recognition
B) Deferral and Recognition
C) Multiperiod and Recognition

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

5. Your client has implemented the Oracle Cloud Accounting Hub solution and they are importing the transaction data from the source system on a daily basis. While importing the data from the source system, some transactions are not getting accounted properly. They want these invalid transactions purged and the corrected transactions imported again.
Which job would you submit to purge the invalid transactions?

A) Accounting Hub Maintenance Job with Mode set to Purge Invalid or Unaccounted Transactions
B) Import Accounting Transactions Job with Purge Invalid Transaction parameter set to 'Yes'
C) Purge Invalid and Unaccounted Accounting Hub Transactions Job
D) Purge Accounting Hub Transactions Job

Solutions: