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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. 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 header level of a journal entry rule set
D) Description rules must carry the same chart of accounts that is attached to the journal entry rule set

2. 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 journal line 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) Set up separate description rules for adjustable and fixed rates
D) Define a separate journal entry rule set for each rate type

3. You are implementing the Oracle Fusion Cloud Financial Accounting Hub (FAH) service for three legacy Receivables systems. As part of your FAH implementation project, the customer requests that general ledger journals be summarized to keep a thin general ledger as billing in the three source systems is per delivery.
Which two options can be used in FAH to create the requested general ledger journals?

A) Summarize by general ledger date
B) Summarize by general ledger period
C) Group by general ledger period
D) Summarize by journal source
E) Summarize by journal category
F) Group by general ledger date

4. You design an income statement report with the help of Financial Reporting Web Studio. You add row numbers 3, 4, and 5 to reflect the balances for three different expense accounts and row number 6 to reflect the sum of row numbers 3, 4, and 5.
Which formula should be used on row number 6 to calculate the sum?

A) ([3:5])
B) ([3,5])
C) ({3:5})
D) ([3;5])

5. Your customer wants to be alerted to changes in the balances of their key General Ledger accounts on a regular basis and asks your advice on the best reporting option.
Which reporting tool would you suggest?

A) Oracle Transactional Business Intelligence
B) Account Groups and Sunburst
C) Smart View
D) Financial Reporting Studio

Solutions: