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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:
1. 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 flexfield rule with conditions
D) Define an account rule with conditions
2. Challenge 1: Manage Journal Line Rule
TASK
Create 2 Journal Line Rule
Interest Receivable
Interest Income
Subledger Application: AHC Loan
Process Category: AHC Loan
Event Class: AHC Loan
Event Type: Loan Origination, Interest Accrual, Payment
3. Your customer wants to enter subledger journals in adjusting periods using the ADFDi spreadsheets.
Which TWO statements are true about entering journals in adjusting periods?
A) Defaulted Period can be overwritten
B) If the accounting date falls in both the non-adjustment and adjustment periods, the value of the accounting period in the Journal Entry page defaults to the adjustment period
C) Defaulted Period cannot be overwritten
D) If the accounting date falls in both the non-adjustment and adjustment periods, the value of the accounting period in the Journal Entry page defaults to the non-adjustment period
4. Given the business use case:
"New Trucks" runs a fleet of trucks in a rental business in the U.S. The majority of the trucks are owned; however, in some cases, "New Trucks" 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. "New Trucks" and "Fix Trucks" are located in the same country and share a chart of accounts and accounting conventions.
How many ledgers are required to be set up?
A) One primary, one reporting currency ledger
B) Two primary ledgers
C) One primary, one secondary ledger
D) One primary ledger
5. A manual subledger journal did not reverse. What could be the reason for this?
A) The next accounting period was open
B) The next accounting period was future-enterable
C) The Reverse Accrual On field was left null
D) The Create Accrual Reversal Accounting process had run and completed with no errors
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: Only visible for members | Question # 3 Answer: A,D | Question # 4 Answer: D | Question # 5 Answer: C |
By Addison
