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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions (Q38-Q43):

NEW QUESTION # 38
You are assigned to troubleshoot a Create Accounting error.
Which is the first step that you need to perform to use the Diagnostics Framework feature?

A. Run the Accounting Event Diagnostic report.
B. Run Create Accounting again to generate journal entries for the events that ended in error.
C. Set the 'SLA: Enable Diagnostic' profile option.
D. Submit the Accounting Event Diagnostic process.

Answer: C

NEW QUESTION # 39
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 only at the header 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 at both the header and the line level of a journal entry rule set

Answer: D

NEW QUESTION # 40
Your client has operations in both the US and the UK, and they currently use a third-party billing system to process transactions like Complete an Invoice, Record a Payment, Record Late Charges, and Recognize Revenue. You are part of the implementation team of the Accounting Hub solution, and they request you to generate a dynamic description based on the following scenario:
"When Invoice Date is greater than or equal to 1st January 2018, concatenate Project Number and Invoice Number else concatenate Customer Name and Invoice Number." In which format would you enter the date in the user-defined formula to achieve this requirement?

A. DD-MON-YY
B. YYYY-MON-DD
C. YY-MON-DD
D. DD-MON-YYYY

Answer: B

NEW QUESTION # 41
Your client has decided to implement Accounting Hub along with other Oracle-owned subledgers. They want to know about the predefined accounting methods that Oracle provides.
Which three are the predefined accounting methods?

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

Answer: C,D,E

NEW QUESTION # 42
To create journal entries, the Create Accounting process takes source data used in accounting rules from tables or views.
What are the tables or views called?

A. Mapping sets
B. Source objects
C. Event entities
D. Transaction objects

Answer: D

NEW QUESTION # 43
......

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