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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:
1. Given the business use case:
"New Trucks" runs a fleet of trucks in a rental business in the U.S. The majority of the trucks are owned; however, in some cases, "New Trucks" may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks" company has a subsidiary company "Fix Trucks" that maintains its own profit and loss entity. "New Trucks" and "Fix Trucks" are located in the same country and share a chart of accounts and accounting conventions.
How many ledgers are required to be set up?
A) Two primary ledgers
B) One primary, one secondary ledger
C) One primary, one reporting currency ledger
D) One primary ledger
2. You recently created an analysis to review the periodic revenue amounts using Smart View. Your customer wants to use the drill-through option to get more details about the balances appearing in the analysis.
Which TWO drill-through options would meet the requirement?
A) Drill to Detail Balances
B) Drill to Financial Reporting Center
C) Drill to Account Inspector
D) Drill to Account Group
3. The Unified Migration option helps move functional setup data from one instance to another.
Which TWO statements are true about Unified Migration?
A) There is no need to import the migration set into a sandbox instance before it is applied to the target environment
B) The Unified Migration option requires registration of the target environment in the source environment
C) You can optionally migrate only the new changes if both environments are synchronized
D) You need to manually download the configuration set from the source and manually upload it into the target
4. Your customer wants to monitor the balances of their key General Ledger (GL) accounts on a regular basis and asks your advice on the best reporting option.
Which reporting tool would you suggest?
A) Oracle Transactional Business Intelligence
B) Account Groups and Sunburst
C) Financial Reporting Studio
D) Smart View
5. Your client provides loans to its customers. You are appointed as a consultant to implement Accounting Hub Cloud and standardize the accounting process. Your client needs to retrieve the segment values for the debit and credit side of journal entries based on different criteria. You decide to set up three account rules to achieve this requirement.
Which THREE rule types are available for building account rules?
A) Segment
B) Value set
C) Lookup type
D) Mapping set
E) Account combination
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A,C | Question # 3 Answer: B,C | Question # 4 Answer: B | Question # 5 Answer: A,D,E |
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