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| Section | Weight | Objectives |
|---|---|---|
| Implementation Planning and Setup | 20% | - Configure ledgers, legal entities, and chart of accounts - Define and manage mapping sets - Define implementation scope and requirements - Set up accounting periods and calendars |
| Subledger Accounting Configuration | 25% | - Configure journal line types and descriptions - Define mapping sets and journal line assignments - Create and manage account hierarchies - Set up account combinations and rules |
| Post-Implementation and Maintenance | 10% | - Perform period-end close procedures - Manage user access and security roles - Troubleshoot common implementation issues - Apply updates and manage configuration changes |
| Reporting and Analysis | 15% | - Create custom reports using Oracle Analytics Cloud - Set up account monitoring and alerts - Generate standard financial reports |
| Data Migration and Integration | 20% | - Use spreadsheet-based loader for data migration - Import and reconcile historical data - Configure external data load formats - Integrate with source systems using REST APIs |
| Oracle Accounting Hub Cloud Overview | 10% | - Explain the architecture and components of Accounting Hub Cloud - Describe Accounting Hub Cloud key features and capabilities - Identify the benefits of implementing Accounting Hub Cloud |
1. 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
2. You are implementing the Oracle Fusion Cloud Financial Accounting Hub (FAH) service for three legacy Receivables systems. As part of your FAH implementation project, the customer requests that general ledger journals be summarized to keep a thin general ledger as billing in the three source systems is per delivery.
Which two options can be used in FAH to create the requested general ledger journals?
A) Summarize by journal source
B) Summarize by general ledger period
C) Group by general ledger period
D) Summarize by general ledger date
E) Group by general ledger date
F) Summarize by journal category
3. Your client decides to implement Accounting Hub along with other Oracle-owned subledgers. They want to know about the predefined accounting methods that Oracle provides.
Which of the following THREE are predefined accounting methods?
A) Standard Accrual for Japan
B) Standard Accrual with Encumbrances
C) Standard Accrual
D) Standard Accrual for USA
E) Standard Accrual for China
4. 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) Accounting Class
B) Rounding Class
C) Business Flow Class
D) Event Class
5. You are tasked with identifying the reason for a user from your client organization not being able to submit the job that imports the transaction data for accounting and posting in General Ledger.
You realize that a duty role needs to be associated with a job role for authorizing the access to import the accounting transactions process.
Which duty role would you suggest?
A) Accounting Hub Create and Post Journal Entry Duty Role
B) Accounting Hub Create Accounting Duty Role
C) Accounting Hub Integration Duty Role
D) Accounting Hub Import Duty Role
Solutions:
| Question # 1 Answer: B,C | Question # 2 Answer: B,D | Question # 3 Answer: B,C,E | Question # 4 Answer: D | Question # 5 Answer: C |
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