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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

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

2. Your client provides loans to their customers. You are appointed as a consultant to implement Accounting Hub Cloud and standardize the accounting process. Your client wants to retrieve the segment values for the debit and credit side of journal entries based on different criteria.
Which FOUR value types should you use in the definition of your account rules to generate journal entries as per the customer's requirement?

A) Account rule
B) Source
C) Value set
D) Account combination
E) Mapping set
F) Constant

3. Your customer needs to generate journal entries for the insurance premium collected from the sale of policies.
The different components of the premium collected by the company include Basic Premium and Tax.
While uploading the transaction details containing both Basic Premium and Tax amounts, which transaction source would you use to link the transaction header and line information?

A) Transaction Type
B) Document Sequence Number
C) Document Key
D) Transaction Number

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. Your company is part of the financial services industry and manages various types of transactions, such as Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep, in their source system. While analyzing the source transaction system, you are asked to propose an event model based on the activities performed by the company.
Based on your analysis, what should the Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep transactions be defined as while registering the source system?

A) Event classes
B) Event types
C) Journal sources
D) Source systems

Solutions: