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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Which TWO privileges are recommended while enabling Audit History on several key business objects?

A) Audit Assignment Grade
B) Manage Application Objects
C) View Audit History
D) Manage Audit Policies

2. Apart from a mapping set-based account rule, which is the other way to retrieve segment values for journal entries?

A) Define a flexfield rule with conditions
B) Define an account rule with conditions
C) Define a lookup type rule with conditions
D) Define a chart of accounts rule with conditions

3. Your customer needs to generate journal entries for the insurance premium collected from the sale of policies.
The different components of the premium collected by the company include Basic Premium and Tax.
While uploading the transaction details containing both Basic Premium and Tax amounts, which transaction source would you use to link the transaction header and line information?

A) Document Sequence Number
B) Transaction Type
C) Document Key
D) Transaction Number

4. Your company is part of the financial services industry and manages various types of transactions, such as Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep, in their source system. While analyzing the source transaction system, you are asked to propose an event model based on the activities performed by the company.
Based on your analysis, what should the Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep transactions be defined as while registering the source system?

A) Source systems
B) Journal sources
C) Event classes
D) Event types

5. You are tasked with troubleshooting a Create Accounting error.
What is the first step you need to take to use the Diagnostics Framework features?

A) Submit the Accounting Event Diagnostics process
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) Run the Accounting Events Diagnostic report

Solutions: