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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions (Q60-Q65):
NEW QUESTION # 60
Your client has operations in both the US and the UK. They currently use a third-party billing system to process transactions, such as Complete an Invoice, Record a Payment, Record Late Charges, and Recognize Revenue. You are part of the implementation team for the Accounting Hub solution. Your client wants to retrieve chart of accounts values for the line of business segment based on customer classification.
You decide to use the mapping sets functionality to fulfill this requirement.
Which THREE statements are true about using mapping sets?
- A. One mapping set can be used for only one account rule at a time
- B. You can define a default output value to use when actual input values do not match the mappings
- C. The mappings can be entered only by using the user interface
- D. Mapping sets are unique to each sub-ledger application, in order to know which input sources to make available.
- E. You can use up to 10 transaction or reference attributes as input in a mapping
Answer: B,D,E
NEW QUESTION # 61
Your client has implemented the Accounting Hub Cloud solution. They import their transaction data from the source system on a daily basis, and while doing so, some transactions are not being accounted properly. They want these invalid transactions purged and the correct transactions re-imported.
Which job would you submit to purge the invalid transactions?
- A. Purge Invalid and Unaccounted Accounting Hub Transactions Job
- B. Set Accounting Hub Maintenance Job with Mode set to Purge Invalid or Unaccounted Transactions
- C. Import Accounting Transactions Job with Purge Invalid Transaction parameter set to "Yes"
- D. Purge Accounting Hub Transactions Job
Answer: B
NEW QUESTION # 62
Your client, a banking organization, is currently using different transaction systems to take care of various types of loans, including vehicle loans, personal loans, education loans, and housing loans.
You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge Off as event types.
Now the customer has asked you to add another transaction type called Loan Interest Accrual Reversal.
What should be your response to the customer?
- A. The source system should be registered again by including the Loan Interest Accrual Reversal event type.
- B. Loan Interest Accrual Reversal can be added as a new event type from the user interface.
- C. Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template.
- D. A new transaction type cannot be added after the source system is registered.
Answer: B
NEW QUESTION # 63
Which is an alternate way to implement a mapping set rule?
- A. Define a lookup type rule with conditions
- B. Define a flexfield rule with conditions
- C. Define an account rule with conditions
- D. Define a chart of account rule with conditions
Answer: C
NEW QUESTION # 64
In Functional Setup Manager, if setup data is segmented by a specific context, you can perform the setup task iteratively, such as assigning different ledger options to different primary ledgers.
Which action should you take to specify the context?
- A. Select the value for Functional Area
- B. Select the value for Scope
- C. Select the value for Lookup Code
- D. Select the value for Feature
Answer: B
NEW QUESTION # 65
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