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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions (Q35-Q40):
NEW QUESTION # 35
Challenge 4: Manage Description Rule
TASK
Create Description Rule
Subledger Application: AHC Billing
Process Category: AHC Billing
Event Class: AHC Billing
Event Type: Customer Billing, Customer Pay In, Customer Refund, Customer Settlement See the Explanation below for all the solution.
Answer:
Explanation:
Step-by-Step Guide to Create a Description Rule in Oracle Fusion
Step 1: Navigate to Manage Description Rules
Log in to Oracle Fusion with appropriate privileges for configuring Subledger Accounting.
Go to Setup and Maintenance.
In the Functional Setup Manager (FSM), navigate to:
Financials
Subledger Accounting
Manage Description Rules.
Step 2: Create a New Description Rule
Click Create to define a new Description Rule.
Enter the following details:
Name: AHC Billing Description Rule
Subledger Application: AHC Billing
Process Category: AHC Billing
Event Class: AHC Billing
Event Type: Customer Billing, Customer Pay In, Customer Refund, Customer Settlement Description: Enter a meaningful description, such as:
"Auto-generated description for AHC Billing transactions."
Click Save, then proceed to define the logic.
Step 3: Define the Description Rule Logic
Under Conditions, define a formula using transaction attributes to generate meaningful descriptions dynamically.
Click Add Condition, then define the description using placeholders.
Example formula:
'Transaction Type: ' || {Transaction Type} || ', Customer: ' || {Customer Name} || ', Amount: ' || {Transaction Amount}
* This rule constructs a description dynamically, showing:
* Transaction Type
* Customer Name
* Transaction Amount
* Example Output:
* "Transaction Type: Customer Billing, Customer: John Doe, Amount: $500"
* ClickValidateto ensure there are no syntax errors.
Step 4: Assign the Description Rule
* Navigate toManage Journal Entry Rule Sets.
* Locate theAHC BillingJournal Entry Rule Set.
* Assign the newly createdDescription Ruleto the appropriateJournal Line Rule.
* ClickSave and Close.
Step 5: Validate and Deploy the Rule
* ClickValidateto check for errors.
* Deploy the rule by submitting the changes.
* Ensure the rule is attached to theAHC Billing journal entries.
Step 6: Test the Description Rule
* Navigate toSubledger Accounting > Accounting Entries.
* Generate accounting for different test transactions.
* Verify that thejournal entry descriptionsmatch the expected format.
NEW QUESTION # 36
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. Your customer wants to know the changes that are allowed after registering a source system.
Which THREE actions can be performed after registering a source system?
- A. Modify the subledger application name as long as there are no pending accounting entries
- B. Assign and update value set and lookup type assignments to sources
- C. Add new event classes through the user interface
- D. Revise source names and add more sources through the user interface
- E. Assign a named segment from the chart of accounts to the sources that correspond to the accounting flexfield identifiers
Answer: B,C,D
NEW QUESTION # 37
While creating an accounting method, you are unable to select a journal entry rule set for a combination of event class and event type.
What could be the reason for this issue?
- A. Journal line rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
- B. Description rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
- C. The accounting method is either not attached to any chart of accounts or is attached to another chart of accounts than the journal entry rule set
- D. Supporting references assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
Answer: C
NEW QUESTION # 38
The Insurance for Homes company provides home insurance services in the USA, the UK, France, and Italy.
It is headquartered in the USA. The entities in the UK, France, and Italy are subsidiaries of the USA entity.
The company decides to configure four primary ledgers, one each for the USA, the UK, France, and Italy. It also plans to configure three secondary ledgers under the UK, France, and Italy primary ledgers.
Which TWO statements are true about setting up secondary ledgers?
- A. A chart of accounts mapping is always required between the chart of accounts of the primary ledger and the secondary ledger
- B. Conversion levels available for a secondary ledger are Balance, Journal, Adjustment only, andSubledger
- C. A chart of accounts mapping is only required if a secondary ledger has a different chart of accounts than its primary ledger
- D. Conversion levels available for a secondary ledger are Balance, Journal, and Subledger only
Answer: B,C
NEW QUESTION # 39
Which FOUR actions can you perform with the help of the Security Console?
- A. Manage User Name Generation Rules and Password Policies
- B. Create Roles
- C. Manage Automatic Data Provisioning
- D. Manage Data Access for Users
- E. Manage Password of other Users
- F. Compare Roles
Answer: A,B,E,F
NEW QUESTION # 40
......
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