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Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?

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

2. What is the duty role that needs to be assigned for authorizing accounting processing in Accounting Hub Cloud?

A) Accounting Hub Create Accounting Duty Role
B) Accounting Hub Integration Duty Role
C) Accounting Hub Create and Post Journal Entry Duty Role
D) Accounting Hub Import Duty Role

3. Where do you define the currency conversion type to be used in converting accounted amount for reporting currency ledger?

A) Manage Reporting Currencies
B) Specify Ledger Options
C) Manage Accounting Attribute Assignments
D) Manage Subledger Accounting Options

4. 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.

5. There is a business requirement to display supporting information with some text and source value at the journal line level that will vary depending on the entered amounts for the line.
What is the solution to implement this requirement?

A) define user transaction line identifier
B) define line description rule with condition
C) define journal entry rule set with condition
D) define journal line rules with conditions

Solutions: