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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Your client has decided to implement Accounting Hub along with other Oracle-owned subledgers. They want to know about the predefined accounting methods that Oracle provides.
Which three are the predefined accounting methods?

A) Standard Accrual for USA
B) Standard Accrual
C) Standard Accrual for Japan
D) Standard Accrual for China
E) Standard Accrual with Encumbrances

2. Your customer has four external systems to manage their home loan, auto loan, consumer loan, and personal loan businesses. They decide to implement Accounting Hub to import their transactional data for generating journal entries from these source systems. While evaluating different possibilities, they ask for your suggestion about the sharing of accounting rules for these external systems.
Which implementation setup allows the sharing of accounting rules for all four external systems?

A) Two subledgers; one for home loan and auto loan and another for consumer loan and personal loan.
B) Four subledgers; one for each source system
C) Three subledgers; one for home loan and auto loan, second for consumer loan, and third for personal loan
D) One subledger for all four source systems

3. Your customer needs to generate journal entries for the insurance premium collected from the sale of policies.
The different components of the premium collected by the company include Basic Premium and Tax.
While uploading the transaction details containing both Basic Premium and Tax amounts, which transaction source would you use to link the transaction header and line information?

A) Document Key
B) Transaction Number
C) Transaction Type
D) Document Sequence Number

4. Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they are processing transactions in a source system, and you have been appointed as a consultant to implement Oracle Cloud Accounting Hub to standardize the accounting process. You have decided to register the source system as a single application in Accounting Hub.
How many event classes will be generated by the system while registering the source system?

A) One
B) Four
C) Two
D) Three

5. Challenge 2: Manage Account Rule
TASK
Create Account Rule with 3 priorities
Name of Account Rule: Revenue Account
Subledger Application: AHC Billing
Process Category: AHC Billing
Event Class: AHC Billing
Event Type: Customer Billing, Customer Pay In, Customer Refund, Customer Settlement See the Explanation below for all the solution.

Solutions: