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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:
1. 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
2. Oracle Transactional Business Intelligence enables developers and end users to create meaningful analyses and reports by eliminating the need for SQL skills.
Which THREE tools can be used by developers and end users, while working with Oracle Transactional Business Intelligence?
A) BI Drive
B) BI Mobile App Designer
C) BI Answers
D) BI Composer
E) BI Publisher
3. The Insurance for Homes company provides home insurance services in the USA, the UK, France, and Italy.
It is headquartered in the USA. The entities in the UK, France, and Italy are subsidiaries of the USA entity.
The company decides to configure four primary ledgers, one each for the USA, the UK, France, and Italy. It also plans to configure three secondary ledgers under the UK, France, and Italy primary ledgers.
Which TWO statements are true about setting up secondary ledgers?
A) Conversion levels available for a secondary ledger are Balance, Journal, Adjustment only, andSubledger
B) A chart of accounts mapping is only required if a secondary ledger has a different chart of accounts than its primary ledger
C) Conversion levels available for a secondary ledger are Balance, Journal, and Subledger only
D) A chart of accounts mapping is always required between the chart of accounts of the primary ledger and the secondary ledger
4. Your client organization deals in providing loans to its customers. You are appointed as a consultant to implement Oracle Fusion Cloud Accounting Hub to standardize the accounting process. Your client has a requirement to retrieve the segment values for the debit and credit side of journal entries based on different criteria. You decide to create a mapping set to retrieve the value of the cost center segment based on loan type as the input source. Your client wants the values to be validated from a list while creating the input and output mappings.
Which two options allow the validation of input values on mapping sets?
A) Chart of accounts segment
B) Value sets
C) Lookup types
D) Segment values
5. 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
Solutions:
| Question # 1 Answer: B,D | Question # 2 Answer: B,C,D | Question # 3 Answer: A,B | Question # 4 Answer: B,C | Question # 5 Answer: D |
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