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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions (Q59-Q64):
NEW QUESTION # 59
Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they process their transactions in a source system. You have been appointed as a consultant to implement Accounting Hub Cloud and standardize their accounting process. You decide to register their source system as a single application in Accounting Hub Cloud.
How many event classes will be generated by the system while registering the source system?
- A. Four
- B. One
- C. Three
- D. Two
Answer: B
NEW QUESTION # 60
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.
While uploading the transaction details containing both Basic Premium and Tax amounts, which transaction source would you use to link the transaction header and line information?
- A. Document Sequence Number
- B. Transaction Type
- C. Transaction Number
- D. Document Key
Answer: C
NEW QUESTION # 61
Your client provides loans to its customers. You are appointed as a consultant to implement Accounting Hub Cloud to standardize the accounting process. Your customer wants to retrieve the segment values for the debit and credit side of journal entries based on different criteria.
You decide to create a mapping set to retrieve the value of the cost center segment based on loan type as an input source. Your client wants the values to be validated from a list while creating the input and output mappings.
Which TWO options allow the validation of input values on mapping sets?
- A. Segment values
- B. Lookup types
- C. Value sets
- D. Chart of accounts segment
Answer: B,C
NEW QUESTION # 62
A banking organization is currently using different transaction systems for various types of loans, including vehicle loans, personal loans, education loans, and housing loans. You have been appointed as a consultant to implement Accounting Hub Cloud.
Which THREE points should you remember while registering the source system for the organization?
- A. Use separate subledgers to share sub-ledger accounting rules
- B. Use separate subledgers to ensure less data processing in each run
- C. Summarized Transaction type information cannot be sent for accounting transformation
- D. Use separate subledgers to provide more security across applications
- E. A transaction type and its associated transaction data typically relate to a single document of transaction
Answer: B,D,E
NEW QUESTION # 63
You are trying to explain to an accountant that account override is an adjustment feature of Subledger Accounting.
Which TWO traits can help you further explain this feature?
- A. It allows users to record a reason for the adjustment
- B. It adjusts the original source transaction
- C. It is intended to correct only the subledger journals that have been posted
- D. It provides an audit trail by preserving the original subledger journal entry
Answer: A,D
NEW QUESTION # 64
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