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Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?

A) Conversion type
B) Conversion type, conversion date and conversion rate
C) Conversion date and conversion rate
D) Conversiontype and conversion date

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

3. What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?

A) provide real-time visibility to financial reports inFAH Reporting Cloud Service
B) synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
C) transfer Balances to FAH Reporting Cloud Service
D) upload transaction data into FAH Reporting Cloud Service

4. Given the subledger journal entry:

Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?

A) It is not balanced by entered currency.
B) It is notbalanced by balancing segment.
C) It appears correct.
D) It is not balanced by entered amounts.

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

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

Solutions: