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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. The Insurance for Homes company provides home insurance services in the USA, the UK, France, and Italy.
It is headquartered in the USA. The entities in the UK, France, and Italy are subsidiaries of the USA entity.
The company decides to configure four primary ledgers, one each for the USA, the UK, France, and Italy. It also plans to configure three secondary ledgers under the UK, France, and Italy primary ledgers.
Which TWO statements are true about setting up secondary ledgers?

A) Conversion levels available for a secondary ledger are Balance, Journal, and Subledger only
B) A chart of accounts mapping is only required if a secondary ledger has a different chart of accounts than its primary ledger
C) Conversion levels available for a secondary ledger are Balance, Journal, Adjustment only, andSubledger
D) A chart of accounts mapping is always required between the chart of accounts of the primary ledger and the secondary ledger

2. The cloud client wants to drive an efficient transfer of accounting entries between Subledger Accounting and their General Ledgers. Hence, they are skipping the Post Subledger Journal Entries and Journal Import processes.
Under what three conditions are the improvements to transfer of Subledger Accounting entries to General Ledger enhancement ignored?

A) When the Create Accounting process is submitted in Final and Post modes
B) When online accounting is submitted from the transaction pages
C) When accounting is transferred outside of Fusion General Ledger
D) When the Multiperiod Accounting process is submitted

3. 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])

4. Challenge 4: Manage Description Rule
TASK
Create Description Rule
Subledger Application: AHC Billing
Process Category: AHC Billing
Event Class: AHC Billing
Event Type: Customer Billing, Customer Pay In, Customer Refund, Customer Settlement See the Explanation below for all the solution.

5. Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they process their transactions in a source system. You have been appointed as a consultant to implement Accounting Hub Cloud and standardize their accounting process. You decide to register their source system as a single application in Accounting Hub Cloud.
How many event classes will be generated by the system while registering the source system?

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

Solutions: