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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. To create journal entries, the Create Accounting process takes source data used in accounting rules from tables or views.
What are the tables or views called?

A) Mapping sets
B) Source objects
C) Transaction objects
D) Event entities

2. Your new Oracle Fusion Cloud customer has a reporting requirement to balance general ledger journals not only between companies (primary balancing segments and Legal Entities) but also within divisions. The proposed chart of account structure has the following nine segments:
Company-Division-Department-Account-Subaccount-Product-Intercompany-Future1-Future2 Which segment label should be selected on Division to achieve the reporting requirement?

A) Management segment
B) Intercompany segment
C) Local Use segment
D) Second Balancing segment
E) Cost Center segment

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

A) Description rules can be assigned at both the header and the line 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 can be assigned only at the line level of a journal entry rule set.

4. 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) Event classes
B) Event types
C) Journal sources
D) Source systems

5. To create journal entries, the Create Accounting process takes source data used in accounting rules from tables or views.
What are the tables or views called?

A) Mapping sets
B) Source objects
C) Transaction objects
D) Event entities

Solutions: