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Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. Which three are mandatory transaction source information?

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

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 Reporting Currencies
D) Manage Accounting Attribute Assignments

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

4. What is NOT included in the minimum required accounting attribute assignments?

A) Accounting Date
B) Distribution Type
C) First Distribution Identifier
D) Second Distribution Identifier

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

Solutions: