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Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. What is the required date format used to import accounting transactions to Accounting Hub Cloud?

A) The user can customize the date format
B) MM-DD-YYYY
C) DD-MON-YYYY
D) YYYY-MM-DD

2. Which is an alternate way to implement a mapping set rule?

A) Define a chart of account rule with conditions.
B) Define a flexfield rule with conditions.
C) Define a lookup type rule with conditions.
D) Define an account rule with conditions.

3. The new billing source system has been registered into Accounting Hub Cloud. The subledger is in active state. At a later date, the business decides to bring in another legacy system (for example, a payment system) for accounting in Accounting Hub.
What two options do you have?

A) Add this as a new transaction typo into existing subledger registration spreadsheet template.
B) Add this as a new transaction type into existing registered subledger from the user interface.
C) Change the transaction data file.
D) Register it as a new source system.

4. What automation option is NOT available when uploading transaction data to Accounting Hub Cloud?

A) Oracle Web Center Content Client Command line tool
B) Oracle Virtual Web Center Services
C) ERP Integration Service
D) Oracle UCM Web Services

5. While creating a journal entry rule set you are NOT able to use an account rule that was created recently.
Which two reasons can explain this?

A) The account rule is defined with a different chart of accounts from the journal entry rule set.
B) The account rule is defined with conditions that are not allowing the assignment.
C) The account rule does not return any valid account value.
D) The account rule is using sources that have not been assigned to the same event class that is associated to the journal entry rule set.

Solutions: