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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) Submit the Accounting Event Diagnostics process
B) Run Create Accounting again to generate journal entries for the events that ended in error
C) Set the "SLA: Enable Diagnostic" profile option
D) Run the Accounting Events Diagnostic report
2. Which three duty roles are required to perform Accounting Hub setup tasks?
A) Accounting Hub Integration
B) Accounting Hub Administration
C) Subledger Accounting Manager
D) Application Implementation Consultant
E) Accounting Hub Maintenance
3. Oracle Transactional Business Intelligence enables developers and end users to create meaningful analyses and reports by eliminating the need for SQL skills.
Which THREE tools can be used by developers and end users, while working with Oracle Transactional Business Intelligence?
A) BI Drive
B) BI Answers
C) BI Composer
D) BI Mobile App Designer
E) BI Publisher
4. 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
5. A manual subledger journal did not reverse. What could be the reason for this?
A) The Reverse Accrual On field was left null
B) The next accounting period was open
C) The Create Accrual Reversal Accounting process had run and completed with no errors
D) The next accounting period was future-enterable
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,C,D | Question # 3 Answer: B,C,D | Question # 4 Answer: B | Question # 5 Answer: A |
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