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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Your client, a banking organization, is currently using different transaction systems to take care of various types of loans, including vehicle loans, personal loans, education loans, and housing loans.
You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge Off as event types.
Now the customer has asked you to add another transaction type called Loan Interest Accrual Reversal.
What should be your response to the customer?

A) Loan Interest Accrual Reversal can be added as a new event type from the user interface.
B) Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template.
C) The source system should be registered again by including the Loan Interest Accrual Reversal event type.
D) A new transaction type cannot be added after the source system is registered.

2. Which TWO privileges are recommended while enabling Audit History on several key business objects?

A) Audit Assignment Grade
B) View Audit History
C) Manage Audit Policies
D) Manage Application Objects

3. Your company is part of the financial services industry and manages various types of transactions, such as Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep in their source system. While analyzing their source transaction system, you are asked to propose an event model, based on the activities performed by the company.
According to your analysis, what should the Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep transactions be defined as while registering the source system?

A) Journal sources
B) Event classes
C) Event types
D) Source systems

4. In Functional Setup Manager, if setup data is segmented by a specific context, you can perform the setup task iteratively, such as assigning different ledger options to different primary ledgers.
Which action should you take to specify the context?

A) Select the value for Feature
B) Select the value for Scope
C) Select the value for Functional Area
D) Select the value for Lookup Code

5. Which statement is true about journal entry rule sets?

A) Description rules can be assigned only at the header level of a journal entry rule set
B) Description rules can be assigned only at the header level of a journal entry rule set
C) Description rules must carry the same chart of accounts that is attached to the journal entry rule set
D) Description rules can be assigned at both the header and the line level of a journal entry rule set

Solutions: