Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. You have recently created an analysis to review periodic revenue amounts using Smart View. Your customer wants to use the drill-through option to get more details about the balances appearing in the analysis.
Which two drill-through options are available for use?

A) Drill to Account Inspector
B) Drill to Account Group
C) Drill to Detail Balances
D) Drill to Financial Reporting Center

2. 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 at both the header and the line 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 only at the header level of a journal entry rule set

3. Your client has implemented the Oracle Cloud Accounting Hub solution and they are importing the transaction data from the source system on a daily basis. While importing the data from the source system, some transactions are not getting accounted properly. They want these invalid transactions purged and the corrected transactions imported again.
Which job would you submit to purge the invalid transactions?

A) Purge Invalid and Unaccounted Accounting Hub Transactions Job
B) Accounting Hub Maintenance Job with Mode set to Purge Invalid or Unaccounted Transactions
C) Import Accounting Transactions Job with Purge Invalid Transaction parameter set to 'Yes'
D) Purge Accounting Hub Transactions Job

4. The company 'Insurance for Homes' provides home insurance services. It has an in-house system that processes home insurance payments received from customers. The end result of the process consists of a list of individual journal entries in a spreadsheet. The company wants to get all journal entries in a secure and auditable repository. Access will be limited to a select few staff members. Additionally, these staff members will need to be able to report and view the entries using an advanced reporting and analytical tool for slicing and dicing the journal entries.
Insurance premium is to be recognized as income across the coverage period of the insurance policy.
Which types of journal lines need to be set up to generate recurring journal entries for insurance premium in each accounting period?

A) Deferral and Recognition
B) Reversal and Recognition
C) Multiperiod and Recognition

5. A manual subledger journal did not reverse. What could be the reason for this?

A) The Reverse Accrual On field was left null
B) The next accounting period was future-enterable
C) The next accounting period was open
D) The Create Accrual Reversal Accounting process had run and completed with no errors

Solutions: