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| Section | Weight | Objectives |
|---|---|---|
| Accounting Hub Overview and Architecture | 15% | - Accounting Hub architecture and core components
|
| Accounting and Reporting | 20% | - Financial reporting structures
|
| Source System Integration and Data Management | 25% | - Source system registration and configuration
|
| Subledger Accounting Configuration | 30% | - Event model and accounting events
|
| Implementation Best Practices and Maintenance | 10% | - Maintenance and troubleshooting
|
You are implementing Accounting Hub Cloud for one of your clients. Your client has agreed to have six segments for the chart of accounts: Company, Line of Business, Account, Department, Product, and Intercompany.
For one of the journal line rules, your client requests you to assign a common account rule for Company, Line of Business, Account, and Intercompany. However, for Department and Product, they want to use segment- specific rules.
How will you achieve this while setting up the journal entry rule set?
Correct Answer: B 🗳️
Which two conditions must be met for automatic data provisioning to work?
Correct Answer: A,C 🗳️
You are designing an income statement report with the help of Financial Reporting Studio. You add row numbers 3, 4, and 5 to reflect the balances for three different expense accounts and row number 6 to reflect the sum of row numbers 3, 4, and 5.
Which formula should be used on row number 6 to calculate the sum?
Correct Answer: A 🗳️
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?
Correct Answer: A 🗳️
Which transaction source is used to link transaction header and line information?
Correct Answer: A 🗳️
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