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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Your customer is engaged in the business of distributing different types of loans to their customers. They need to generate dynamic descriptions for journal lines based on the type of interest rates. The two types of interest rates are adjustable and fixed.
What would be your recommendation to the customer?

A) Set up separate description rules for adjustable and fixed rates
B) Define a separate journal entry rule set for each rate type
C) Set up a single description rule with conditions defined for two priorities, one for adjustable rates and the other for fixed rates
D) Set up separate journal line rules for adjustable and fixed rates

2. Which TWO privileges are recommended while enabling Audit History on several key business objects?

A) View Audit History
B) Audit Assignment Grade
C) Manage Application Objects
D) Manage Audit Policies

3. Where do you define the currency conversion type to be used in converting accounted amount for reporting currency ledger?

A) Manage Reporting Currencies
B) Manage Subledger Accounting Options
C) Specify Ledger Options
D) Manage Accounting Attribute Assignments

4. You are explaining to an accountant that account override is an adjustment feature of subledger accounting.
Which two traits can help you explain this?

A) It adjusts the original source transaction
B) It is intended to correct only the subledger journals that have been posted
C) It enables users to record a reason for the adjustment
D) It provides an audit trail by preserving the original subledger journal entry

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

Solutions: