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Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. What is the recommended approach for a use case in which some parts of the transaction data must be processed before uploading them to Accounting Hub Cloud?

A) Use Oracle ERP Integration tool.
B) Use Oracle OTBI tool.
C) Use a web service tool.
D) Use PaaS tools, for example, ICS - to perform ETL tasks.

2. A customer has a business requirement to provide additional information about subledger Journals that cannot be found in a predefined report.
How can you meet this requirement?

A) Create a Smart View report using the query designer feature.
B) Build an OTBI analysis that includes a relevant subject area.
C) Use either Account Monitor or Account Inspector to getrequired Information.
D) Build a Financial Reporting Studio report that includes all dimensions.

3. Given the business use case:
'New Trucks' runs a fleetof trucks in a rental business In the U.S. The majority of the trucks are owned; however, in some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract andrecognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company
'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs tobe able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
What would the typical line information be?

A) TransactionDate
B) Company
C) Customer Number
D) Truck Type

4. You have been assigned to troubleshoot a Create Accounting error.
What is the first step you need to take to use the diagnostics framework features?

A) Run the Accounting Events DiagnosticReport.
B) Submit the Accounting Event Diagnostics process.
C) Set the "SLA: Diagnostics Enabled" profile option.
D) Run Create Accounting again to generate journal entries for the events that ended in error.

5. What are all the tabs that areavailable to be completed in the Register Source System spreadsheet?

A) Source System
B) Source System and Line Information
C) Source System, Transaction Information, and Line Information
D) Source System and Transaction Information

Solutions: