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1. Your client has implemented the Oracle Cloud Accounting Hub solution and they are importing the transaction data from the source system on a daily basis. While importing the data from the source system, some transactions are not getting accounted properly. They want these invalid transactions purged and the corrected transactions imported again.
Which job would you submit to purge the invalid transactions?
A) Purge Accounting Hub Transactions Job
B) Purge Invalid and Unaccounted Accounting Hub Transactions Job
C) Import Accounting Transactions Job with Purge Invalid Transaction parameter set to 'Yes'
D) Accounting Hub Maintenance Job with Mode set to Purge Invalid or Unaccounted Transactions
2. The Insurance for Homes company provides home insurance services in the USA, the UK, France, and Italy.
It is headquartered in the USA. The entities in the UK, France, and Italy are subsidiaries of the USA entity.
The company decides to configure four primary ledgers, one each for the USA, the UK, France, and Italy. It also plans to configure three secondary ledgers under the UK, France, and Italy primary ledgers.
Which TWO statements are true about setting up secondary ledgers?
A) Conversion levels available for a secondary ledger are Balance, Journal, Adjustment only, andSubledger
B) A chart of accounts mapping is always required between the chart of accounts of the primary ledger and the secondary ledger
C) A chart of accounts mapping is only required if a secondary ledger has a different chart of accounts than its primary ledger
D) Conversion levels available for a secondary ledger are Balance, Journal, and Subledger only
3. Your client has a requirement to report directly from transactional tables and return the results in real-time, thus eliminating the need for a data warehouse.
Which tool would you suggest to your client to achieve this?
A) Financial Reporting Studio
B) Oracle Transactional Business Intelligence
C) Account Group
D) Smart View
4. You are explaining to an accountant that account override is an adjustment feature of subledger accounting.
Which two traits can help you explain this?
A) It is intended to correct only the subledger journals that have been posted
B) It provides an audit trail by preserving the original subledger journal entry
C) It enables users to record a reason for the adjustment
D) It adjusts the original source transaction
5. Which duty role is required to authorize access to the import accounting transactions process?
A) Accounting Hub Create Accounting duty role
B) Accounting Hub Create and Post Journal Entry duty role
C) Accounting Hub Integration duty role
D) Accounting Hub Import duty role
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A,C | Question # 3 Answer: B | Question # 4 Answer: B,C | Question # 5 Answer: C |
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