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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:
1. Where do you define the currency conversion type to be used in converting accounted amount for reporting currency ledger?
A) Manage Reporting Currencies
B) Manage Subledger Accounting Options
C) Manage Accounting Attribute Assignments
D) Specify Ledger Options
2. 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 a Feature
B) Select the value for a Functional Area.
C) Select the value for a Lookup Code
D) Select the value for a Scope
3. 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) A new transaction type cannot be added after the source system is registered.
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) Loan Interest Accrual Reversal can be added as a new event type from the user interface.
4. You are assigned to troubleshoot a Create Accounting error.
Which is the first step that you need to perform to use the Diagnostics Framework feature?
A) Set the 'SLA: Enable Diagnostic' profile option.
B) Run the Accounting Event Diagnostic report.
C) Run Create Accounting again to generate journal entries for the events that ended in error.
D) Submit the Accounting Event Diagnostic process.
5. Your customer is engaged in the business of distributing different types of loans to their customers. They need to generate dynamic descriptions for journal lines based on the type of interest rates. The two types of interest rates are adjustable and fixed.
What would be your recommendation to the customer?
A) Set up separate description rules for adjustable and fixed rates
B) Set up a single description rule with conditions defined for two priorities, one for adjustable rates and the other for fixed rates
C) Define a separate journal entry rule set for each rate type
D) Set up separate journal line rules for adjustable and fixed rates
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: B,D |





