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Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. You have been assigned to troubleshoot a Create Accounting error.
What is the first step you need to take to use the diagnostics framework features?

A) Set the "SLA: Diagnostics Enabled" profile option.
B) Submit the Accounting Event Diagnostics process.
C) Run the Accounting Events DiagnosticReport.
D) Run Create Accounting again to generate journal entries for the events that ended in error.

2. How many transaction eventclasses can be set up for a subledger uploaded to Accounting Hub Cloud?

A) One
B) Unlimited
C) Three
D) Two

3. Given the subledger journal entry:

Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?

A) It appears correct.
B) It is not balanced by entered currency.
C) It is not balanced by entered amounts.
D) It is notbalanced by balancing segment.

4. What is NOT included in the minimum required accountingattribute assignments?

A) Distribution Type
B) Accounting Date
C) First Distribution Identifier
D) Second Distribution Identifier

5. In the process of analyzing data from a source system you find that there are no reliable amounts that canbe used to build a subledger journal entry.
How can you resolve this challenge?

A) Use a custom formula in a supporting reference to derive amounts.
B) Use a custom formula in a description rule to derive amounts.
C) Use a custom formula in an account rule to derive amounts.
D) Use a custom formula in a journal line rule to derive amounts.

Solutions: