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Oracle Accounting Hub Cloud 2020 Implementation Essentials Sample Questions:

1. Which transaction source is used to link transaction header and line information?

A) Transaction Key
B) Transaction Date
C) Transaction Type
D) Transaction Number

2. 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) Event Class
B) Event Type
C) Journal Line Rule
D) Journal Entry Rule Set
E) Journal Entry

3. Given the subledger journal entry:

Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?

A) It is not balanced by entered amounts.
B) It appears correct.
C) It is not balanced by entered currency.
D) It is not balanced by balancing segment.

4. What is a user job role data context assignment?

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

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

Solutions: