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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Your client decides to implement Accounting Hub along with other Oracle-owned subledgers. They want to know about the predefined accounting methods that Oracle provides.
Which of the following THREE are predefined accounting methods?

A) Standard Accrual for Japan
B) Standard Accrual with Encumbrances
C) Standard Accrual for USA
D) Standard Accrual for China
E) Standard Accrual

2. 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) Reversal and Recognition
B) Multiperiod and Recognition
C) Deferral and Recognition

3. Which two options can you use to reconcile subledger journal entries with the source system?

A) Submit the Period Close Exception Report
B) Tag supporting references with Journal Line Rules
C) Create and submit the Oracle Transactional BI Report to review supporting reference balances.
D) Submit the Subledger Accounting Diagnostics report

4. You recently created an analysis to review the 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 would meet the requirement?

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

5. 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) Local Use segment
C) Cost Center segment
D) Intercompany segment
E) Second Balancing segment

Solutions: