NEW QUESTION 1
What is the recommended approach for a use case in which some parts of the transaction data must be processed before uploading them to Accounting Hub Cloud?

• A. Use Oracle ERP Integration tool.
• B. Use PaaS tools, for example, ICS - to perform ETL tasks.
• C. Use Oracle OTBI tool.
• D. Use a web service too

Answer: A

NEW QUESTION 2
Which is an alternate way to implement a mapping set rule?

• A. Define a chart of account rule with conditions.
• B. Define a lookup type rule with conditions.
• C. Define a filexfield rule with conditions.
• D. Define an account rule with condition

Answer: A

NEW QUESTION 3
'Insurances for Homes' company provide home insurance service. They have in house built system that processes home insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, be able to report and view the entries using an advanced reporting and analytical tools for slicing and dicing the Journal entries.
Insurance premium is to be recognized as income across the-coverage period of the insurance policy. How do you link the two journal lines in the recurring journal entries cases, so that these two journal lines are identified by the accounting process to create recurring Journal entries?

• A. Recognition Journal class
• B. Recurring Journal class
• C. Accounting class
• D. Multiperiod class

Answer: D

NEW QUESTION 4
Which three duty roles are required to perform Accounting Hub setup tasks?

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

Answer: BDE

NEW QUESTION 5
Invoices received from a source system need to use a specific account based on 30 different expense types. However, if the invoice is from a certain supplier type, it needs to go to a default account regardless of the expense type.
What is the solution?

• A. Create a 30 account combination rule with a condition of expense type.
• B. Create an account rule with three rule elements using one for expense type mapping, one for condition of supplier type, and the other one without any condition.
• C. Create two journal line rules with a condition of supplier type.
• D. Create an account rule with 31 rule elements using one condition for each expense type and another for supplier type.

Answer: B

NEW QUESTION 6
What are all the tabs that are available to be completed in the Register Source System spreadsheet?

• A. Source System and Line Information
• B. Source System and Transaction Information
• C. Source System
• D. Source System, Transaction Information, and Line Information

Answer: C

NEW QUESTION 7
Given the business use case:
'New Trucks' runs a fileet of trucks in a rental business In the U.S. The majority of the trucks are owned; however, in some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company 'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
How do you calculate discounts for use in the accounting rule?

• A. Use filexfield
• B. Use custom formulas
• C. Use mapping set rules
• D. Use analytical calculations

Answer: C

NEW QUESTION 8
What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?

• A. transfer Balances to FAH Reporting Cloud Service
• B. synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
• C. upload transaction data into FAH Reporting Cloud Service
• D. provide real-time visibility to financial reports in FAH Reporting Cloud Service

Answer: A

NEW QUESTION 9
After supporting references balances setup component is tagged to subledger journal entries, what type of reports need to be created so that the information is available to users?

• A. an Oracle Financial Reporting Studio report
• B. a predefined Oracle Business Intelligence Publisher report
• C. an Oracle Transactional Business Intelligence analysis
• D. a Smart View Report

Answer: B

NEW QUESTION 10
You are explaining to an accountant that account override is an adjustment feature of Subledger Accounting.
Which two traits can help you explain this feature?

• A. The account override feature provides an audit trail by preserving the original subledger journal entry.
• B. The account override feature adjusts the original source transaction.
• C. The account override feature is only intended to correct subledger journals that have been posted.
• D. The account override feature allows users to record a reason for the adjustmen

Answer: D

NEW QUESTION 11
Given the business use case:
'Insurances for Homes' company provides home insurance services. They have an in-house built system that processes insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all Journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, the company need to be able to report and view the entries using advanced reporting and analytical tools for segmenting, viewing and understanding data in the journal entries. The line information may contain more than one line for the same header.
When uploading transactions, which is a way to differentiate each Journal line?

• A. Assign a custom formula.
• B. Assign an accounting attribute.
• C. You do not need to do anything additional.
• D. Assign a line classification or line type attribut

Answer: B

NEW QUESTION 12
Given the business use case:
'New Trucks' runs a fileet of trucks in a rental business In the U.S. The majority of the trucks are owned; however, in some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company 'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total
accrued and recognized insurance fee income.
How can the automatic recognition of insurance income be implemented in Accounting Hub Cloud?

• A. Set up multiperiod accounting journal lines.
• B. Set up a transaction line reversal.
• C. Create an adjustment journal entry.
• D. Set up automatic Journal line reversa

Answer: A

NEW QUESTION 13
'Insurances for Homes' company provide home insurance service. They have in-house built system that processes home insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, be able to report and view the entries using an advanced reporting and analytical tools for slicing and dicing the journal entries.
Insurance premium Is to be recognized as income across the coverage period of the insurance policy. What are the two types of journal lines that need to be set up to generate recurring journal entries for insurance premium in each accounting period?

• A. Offsets and Recognition
• B. Deferral and Recognition
• C. Reversal and Recognition
• D. Multiperiod and Recognition

Answer: D

NEW QUESTION 14
What is a user job role data context assignment?

• A. Security privileges assignment to a user job role
• B. Security data role context assignment to a user job role
• C. Security data access context assignment to a user job role
• D. Duty role context assignment to a user

Answer: C

NEW QUESTION 15
A customer's business requirement demands a more granular view of transferred subledger journal entries in GL.
Which of the available General Ledger Journal Entry Summarization options meets this requirement?

• A. Summarize by GL Date
• B. Summarize by GL Period
• C. Group by GL Date
• D. Transfer in Details

Answer: A

NEW QUESTION 16
Given the business use case:
'New Trucks' runs a fileet of trucks in a rental business In the U.S. The majority of the trucks are owned; however, in some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company 'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
What wil the typical transaction information be at the header level?

• A. Line Type
• B. Currency
• C. Amount
• D. Customer Number

Answer: C

NEW QUESTION 17
After registering a new source system into Accounting Hub and going live for a short period, your customer identified the need to add additional transaction sources. What should you do?

• A. Add new transaction sources from the user interface.
• B. Register another source system that includes these new transaction sources.
• C. Tell them this cannot be implemented.
• D. Add new transaction sources in the current source system registration spreadsheet and re-upload the spreadsheet file.

Answer: C

NEW QUESTION 18
Given the business use case:
'New Trucks' runs a fileet of trucks in a rental business In the U.S. The majority of the trucks are owned; however, in some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance
fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company 'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
How do you set up an account rule that is based on leased and owned trucks?

• A. Set up a mapping set rule.
• B. Set up a lookup value.
• C. Set up a value set rule.
• D. Set up an account source in the source system file and derive the valu

Answer: D

NEW QUESTION 19
Most of the accounting entries for transaction from the source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use the TAX_AMOUNT source.
At what level can you override the default accounting attribute assignment?

• A. Journal Entry
• B. Journal Entry Rule Set
• C. Event Class
• D. Journal Line Rule
• E. Event Type

Answer: B

NEW QUESTION 20
Given the business use case:
'New Trucks' runs a fileet of trucks in a rental business In the U.S. The majority of the trucks are owned; however, In some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the Internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company 'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income. 'New Trucks' and' Fix Trucks' are located in the same country and share chart-of accounts and accounting conventions.
How many ledgers are required to be set up?

• A. Two primary ledgers
• B. One primary ledger
• C. One primary, one secondary ledger
• D. One primary, one repotting currency ledger

Answer: B

NEW QUESTION 21
What attribute of a subledger journal entry is NOT transferred to GL?

• A. Accounting class
• B. Accounting lines
• C. Accounted amounts
• D. Supporting references

Answer: B

NEW QUESTION 22
How many transaction event classes can be set up for a subledger uploaded to Accounting Hub Cloud?

• A. Two
• B. One
• C. Three
• D. Unlimited

Answer: C

NEW QUESTION 23
While creating a journal entry rule set you are NOT able to use an account rule that was created recently.
Which two reasons can explain this?

• A. The account rule is using sources that have not been assigned to the same event class that is associated to the journal entry rule set.
• B. The account rule is defined with conditions that are not allowing the assignment.
• C. The account rule does not return any valid account value.
• D. The account rule is defined with a different chart of accounts from the journal entry rule se

Answer: A

NEW QUESTION 24
Which three are mandatory transaction source information?

• A. Transaction Number
• B. Transaction Line
• C. Ledger Name
• D. Transaction Date
• E. Distribution Link

Answer: ABE

NEW QUESTION 25
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