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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q12-Q17):
NEW QUESTION # 12
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 at both the header and the line level of a journal entry rule set.
- C. Description rules can be assigned only at the line level of a journal entry rule set.
Answer: B
NEW QUESTION # 13
Your client deals in Banking, Insurance, and Stock Trading. They have separate transaction systems to process their transactions. You have been appointed as a consultant to implement Accounting Hub Cloud to streamline and standardize the accounting process for each of the source systems.
The client wants to generate the following accounting entries:
Banking-related transactions on a daily basis
Stock trading transactions on alternate days
Insurance transactions on a weekly basis
Considering the nature of business, frequency of generating accounting entries, and the load on the system, how many source systems would you suggest?
- A. Three
- B. Two
- C. Four
- D. One
Answer: A
NEW QUESTION # 14
Which four actions can you take by using Security Console?
- A. Create Roles
- B. Manage Data Access for Users
- C. Manage Automatic Data Provisioning
- D. Manage User Name Generation Rules and Password Policies
- E. Compare Roles
- F. Manage Password of Other Users
Answer: A,D,E,F
NEW QUESTION # 15
Which two actions can you accomplish for a registered source system?
- A. Add new event classes through the user interface
- B. Revise source Information through the user interface and add more sources
- C. Modify the subledger application name as long as there are no pending accounting entries
- D. Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet
Answer: B,D
NEW QUESTION # 16
Your client has a requirement to report directly from the transactional tables and return the results in real-time, in turn eliminating the need for a data warehouse.
Which tool would you suggest to your client for this purpose?
- A. Account Group
- B. Smart View
- C. Financial Reporting Studio
- D. Oracle Transactional Business Intelligence
Answer: D
NEW QUESTION # 17
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