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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. 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) A chart of accounts mapping is always required between the chart of accounts of the primary ledger and the secondary ledger
B) Conversion levels available for a secondary ledger are Balance, Journal, Adjustment only, andSubledger
C) A chart of accounts mapping is only required if a secondary ledger has a different chart of accounts than its primary ledger
D) Conversion levels available for a secondary ledger are Balance, Journal, and Subledger only

2. Your customer wants to enter subledger journals in adjusting periods using the ADFDi spreadsheets.
Which TWO statements are true about entering journals in adjusting periods?

A) Defaulted Period can be overwritten
B) If the accounting date falls in both the non-adjustment and adjustment periods, the value of the accounting period in the Journal Entry page defaults to the non-adjustment period
C) If the accounting date falls in both the non-adjustment and adjustment periods, the value of the accounting period in the Journal Entry page defaults to the adjustment period
D) Defaulted Period cannot be overwritten

3. While creating an accounting method, you are unable to select a journal entry rule set for a combination of event class and event type.
What could be the reason for this issue?

A) The accounting method is either not attached to any chart of accounts or is attached to another chart of accounts than the journal entry rule set
B) Supporting references assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
C) Journal line rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
D) Description rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached

4. 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 Import Duty Role
B) Accounting Hub Integration Duty Role
C) Accounting Hub Create and Post Journal Entry Duty Role
D) Accounting Hub Create Accounting Duty Role

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

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

Solutions: