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Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. You have been assigned to troubleshoot a Create Accounting error.
What is the first step you need to take to use the diagnostics framework features?

A) Set the "SLA: Diagnostics Enabled" profile option.
B) Run Create Accounting again to generate journal entries for the events that ended in error.
C) Submit the Accounting Event Diagnostics process.
D) Run the Accounting Events Diagnostic Report.

2. What attribute of a subledger journal entry is NOT transferred to GL?

A) Supporting references
B) Accounting class
C) Accounted amounts
D) Accounting lines

3. A new source system has been registered into Accounting Hub Cloud. Users are actively using this new subledqer. Subsequently, the business signed up a contract with a new supplier. A new mapping value that maps suppliers with the accounts needs to be added. You make updates on the mappings in the existing mapping set rule by adding more mapping valued.
After saving the update, what is the next required action?

A) Activate the journal entry rule set.
B) Download a new transaction data template.
C) Activate the accounting method.
D) There is no required action. The mapping addition is complete.

4. What are the tables or views from which the Create Accounting process takes source data that is used in accounting rules to create journal entries referred to as?

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

5. Which is an alternate way to implement a mapping set rule?

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

Solutions: