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Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. A new source system has been registered into Accounting Hub Cloud. Users are actively using this new subledqer. Subsequently, the business signed up a contract with a new supplier. A new mapping value thatmaps suppliers with the accounts needs to be added. You make updates on the mappings in the existing mapping set rule by adding more mapping valued.
After saving the update, what is the next required action?

A) Activate the journal entry rule set.
B) There is no required action. The mapping addition is complete.
C) Activate the accounting method.
D) Download a new transaction data template.

2. What is NOT included in the minimum required accountingattribute assignments?

A) First Distribution Identifier
B) Distribution Type
C) Second Distribution Identifier
D) Accounting Date

3. After registering a new source system into Accounting Hub and going live for a short period, your customer identified the need to add additional transaction sources. What should you do?

A) Add new transaction sources from the user interface.
B) Add new transaction sources in the current source system registration spreadsheet and re-upload the spreadsheet file.
C) Register another source system that includes these new transaction sources.
D) Tell them thiscannot be implemented.

4. Which two can you use to view supporting reference balances?

A) Use Business Intelligence Publisher to build a custom report.
B) Use Oracle Transactional Business Intelligence to create an analysis using the Subledger Accounting - Supporting Reference Real Time subject area.
C) Submit the standard Supporting Reference Balances Report.
D) Use the Supporting Reference Balance Inquiry page.

5. You are explaining to an accountant that account override is an adjustment featureof Subledger Accounting.
Which two traits can help you explain this feature?

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

Solutions: