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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q59-Q64):

NEW QUESTION # 59
Which TWO options can you use for reconciling subledger journal entries with the source system?

  • A. Submit the Subledger Accounting Diagnostics report
  • B. Submit the Subledger Accounting Diagnostics report
  • C. Tag supporting references with Journal Line Rules
  • D. Submit Period Close Exception Report

Answer: B,D


NEW QUESTION # 60
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. You decide to set up three separate journal line rules to account for Basic Premium, Tax Amount, and Total Amount.
Which attribute in a journal line rule allows you to classify these three journal entry lines?

  • A. Rounding Class
  • B. Event Class
  • C. Business Flow Class
  • D. Accounting Class

Answer: B


NEW QUESTION # 61
Which three duty roles are required to perform Accounting Hub setup tasks?

  • A. Subledger Accounting Manager
  • B. Accounting Hub Administration
  • C. Accounting Hub Maintenance
  • D. Accounting Hub Integration
  • E. Application Implementation Consultant

Answer: A,D,E


NEW QUESTION # 62
Which statement is true about journal entry rule sets?

  • A. Description rules can be assigned at both the header and the line level of a journal entry rule set.
  • B. Description rules can be assigned only at the line level of a journal entry rule set.
  • C. Description rules can be assigned only at the header level of a journal entry rule set.

Answer: A


NEW QUESTION # 63
Which predefined role allows a user to manage the period close activities in the General Ledger (GL) application?

  • A. Financial Analyst
  • B. Chief Financial Officer (CFO)
  • C. General Accounting Manager
  • D. General Accountant

Answer: C


NEW QUESTION # 64
......

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