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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. You are tasked with troubleshooting a Create Accounting error.
What is the first step you need to take to use the Diagnostics Framework features?

A) Run Create Accounting again to generate journal entries for the events that ended in error
B) Run the Accounting Events Diagnostic report
C) Set the "SLA: Enable Diagnostic" profile option
D) Submit the Accounting Event Diagnostics process

2. Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they process their transactions in a source system. You have been appointed as a consultant to implement Accounting Hub Cloud and standardize their accounting process. You decide to register their source system as a single application in Accounting Hub Cloud. Your customer wants to know the changes that are allowed after registering a source system.
Which THREE actions can be performed after registering a source system?

A) Revise source names and add more sources through the user interface
B) Add new event classes through the user interface
C) Modify the subledger application name as long as there are no pending accounting entries
D) Assign a named segment from the chart of accounts to the sources that correspond to the accounting flexfield identifiers
E) Assign and update value set and lookup type assignments to sources

3. While creating an accounting method, you are unable to select a journal entry rule set for a combination of event class and event type.
What could be the reason for this issue?

A) The accounting method is either not attached to any chart of accounts or is attached to another chart of accounts than the journal entry rule set
B) Supporting references assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
C) Journal line rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
D) Description rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached

4. Which predefined role allows a user to manage the period close activities in the General Ledger (GL) application?

A) Chief Financial Officer (CFO)
B) General Accounting Manager
C) General Accountant
D) Financial Analyst

5. Your customer is engaged in the business of distributing different types of loans to their customers. They need to generate dynamic descriptions for journal lines based on the type of interest rates. The two types of interest rates are adjustable and fixed.
What would be your recommendation to the customer?

A) Define a separate journal entry rule set for each rate type
B) Set up separate description rules for adjustable and fixed rates
C) Set up separate journal line rules for adjustable and fixed rates
D) Set up a single description rule with conditions defined for two priorities, one for adjustable rates and the other for fixed rates

Solutions: