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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions (Q15-Q20):
NEW QUESTION # 15
Your client, a banking organization, currently uses different transaction systems for various types of loans, including vehicle loans, personal loans, education loans, and housing loans. The client has already implemented other subledger applications including payable, assets, and expenses.
You have been hired as a consultant to help them implement the Accounting Hub solution for streamlining the accounting entries from the source system. One of their requirements is to track the overall loan amount disbursed by each loan officer. You decide to use the supporting references functionality to achieve this requirement. However, when you try to define the loan officer as a supporting reference, the add option is disabled.
What could be the reason for this issue?
- A. Thirty supporting references with balances have already been defined, so a new supporting reference cannot be added
- B. Supporting references can be used only with predefined applications, such as payable, assets, and expenses
- C. Supporting reference tracking was not enabled while registering the source system
- D. Subledger application name was not selected as a scope before defining the supporting reference
Answer: D
NEW QUESTION # 16
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. Source systems
- D. Journal sources
Answer: B
NEW QUESTION # 17
Which is an alternate way to implement a mapping set rule?
- A. Define a flexfield rule with conditions
- B. Define an account rule with conditions
- C. Define a chart of account rule with conditions
- D. Define a lookup type rule with conditions
Answer: B
NEW QUESTION # 18
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. You decide to set up three separate journal line rules to account for Basic Premium, Tax Amount, and Total Amount.
Which attribute in a journal line rule allows you to classify these three journal entry lines?
- A. Rounding Class
- B. Business Flow Class
- C. Event Class
- D. Accounting Class
Answer: C
NEW QUESTION # 19
Your new Oracle Fusion Cloud customer has a reporting requirement to balance general ledger journals not only between companies (primary balancing segments and Legal Entities) but also within divisions. The proposed chart of account structure has the following nine segments:
Company-Division-Department-Account-Subaccount-Product-Intercompany-Future1-Future2 Which segment label should be selected on Division to achieve the reporting requirement?
- A. Second Balancing segment
- B. Management segment
- C. Cost Center segment
- D. Local Use segment
- E. Intercompany segment
Answer: A
NEW QUESTION # 20
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