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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Your client has operations in both the US and the UK, and they currently use a third-party billing system to process transactions like Complete an Invoice, Record a Payment, Record Late Charges, and Recognize Revenue. You are part of the implementation team of the Accounting Hub solution, and they request you to generate a dynamic description based on the following scenario:
"When Invoice Date is greater than or equal to 1st January 2018, concatenate Project Number and Invoice Number else concatenate Customer Name and Invoice Number." In which format would you enter the date in the user-defined formula to achieve this requirement?

A) YY-MON-DD
B) DD-MON-YYYY
C) DD-MON-YY
D) YYYY-MON-DD

2. The Unified Migration option helps move functional setup data from one instance to another.
Which TWO statements are true about Unified Migration?

A) There is no need to import the migration set into a sandbox instance before it is applied to the target environment
B) You can optionally migrate only the new changes if both environments are synchronized
C) You need to manually download the configuration set from the source and manually upload it into the target
D) The Unified Migration option requires registration of the target environment in the source environment

3. 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) Event Class
B) Rounding Class
C) Accounting Class
D) Business Flow Class

4. 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) Manage Reporting Currencies
C) Specify Ledger Options
D) Manage Subledger Accounting Options

5. Your client has operations in the US and the UK, and they currently use a third-party billing system to process their transactions, such as Complete an Invoice, Record a Payment, Record Late Charges, and Recognize Revenue. As part of the Accounting Hub implementation, you have been asked to register the billing source system.
While registering the source system using the spreadsheet template, which TWO could be flagged as errors by the validation check process?

A) You cannot add more than 30 sources when the Journal Display column is enabled
B) The event type name cannot exceed 30 characters
C) You cannot add more than 10 sources when the Journal Display column is enabled
D) The event type name cannot exceed 25 characters

Solutions: