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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. 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 their source transaction system, you are asked to propose an event model, based on the activities performed by the company.
According to 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) Source systems
B) Journal sources
C) Event classes
D) Event types

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 journal category
C) Group by general ledger date
D) Summarize by general ledger date
E) Group by general ledger period
F) Summarize by general ledger period

3. Your client, a banking organization, is currently using different transaction systems for different types of loans including vehicle loans, personal loans, education loans, and housing loans. You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge off as event types.
The customer now asks you to add another transaction type called Loan Interest Accrual Reversal.
What should be your response to the customer?

A) A new transaction type cannot be added after the source system is registered
B) Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template
C) The source system should be registered again by including the Loan Interest Accrual Reversal event type
D) Loan Interest Accrual Reversal can be added as a new event type from the user interface

4. Which two options can you use to reconcile subledger journal entries with the source system?

A) Create and submit the Oracle Transactional BI Report to review supporting reference balances.
B) Submit the Period Close Exception Report
C) Tag supporting references with Journal Line Rules
D) Submit the Subledger Accounting Diagnostics report

5. Your customer has four external systems to manage their home loan, auto loan, consumer loan, and personal loan businesses. They decide to implement Accounting Hub to import their transactional data for generating journal entries from these source systems. While evaluating different possibilities, they ask for your suggestion about the sharing of accounting rules for these external systems.
Which implementation setup allows the sharing of accounting rules for all four external systems?

A) Four subledgers; one for each source system
B) One subledger for all four source systems
C) Two subledgers; one for home loan and auto loan and another for consumer loan and personal loan.
D) Three subledgers; one for home loan and auto loan, second for consumer loan, and third for personal loan

Solutions: