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Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. Given the journal:

What is the terminology that is used to identify the "Account Number', 'Original Balance' , and 'Origination Date' fields?

A) User Transaction Identifier
B) Source System Identifier
C) System Identifier
D) Attribute Identifier

2. What is the key attribute that is used to query journal entries of a registered source system?

A) Transaction Date
B) Ledger Name
C) Journal Source
D) Accounting Date

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

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

4. In the process of analyzing data from a source system you find that there are no reliable amounts that can be used to build a subledger journal entry.
How can you resolve this challenge?

A) Use a custom formula in a journal line rule to derive amounts.
B) Use a custom formula in a description rule to derive amounts.
C) Use a custom formula in a supporting reference to derive amounts.
D) Use a custom formula in an account rule to derive amounts.

5. Given the subledger journal entry:

Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?

A) It is not balanced by entered amounts.
B) It is not balanced by entered currency.
C) It appears correct.
D) It is not balanced by balancing segment.

Solutions: