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1. To create journal entries, the Create Accounting process takes source data used in accounting rules from tables or views.
What are the tables or views called?
A) Mapping sets
B) Transaction objects
C) Source objects
D) Event entities
2. In Functional Setup Manager, if setup data is segmented by a specific context, you can perform the setup task iteratively, such as assigning different ledger options to different primary ledgers.
Which action should you take to specify the context?
A) Select the value for a Functional Area.
B) Select the value for a Scope
C) Select the value for a Feature
D) Select the value for a Lookup Code
3. Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they process their transactions in a source system. You have been appointed as a consultant to implement Accounting Hub Cloud and standardize their accounting process. You decide to register their source system as a single application in Accounting Hub Cloud. Your customer wants to know the changes that are allowed after registering a source system.
Which THREE actions can be performed after registering a source system?
A) Revise source names and add more sources through the user interface
B) Add new event classes through the user interface
C) Assign a named segment from the chart of accounts to the sources that correspond to the accounting flexfield identifiers
D) Assign and update value set and lookup type assignments to sources
E) Modify the subledger application name as long as there are no pending accounting entries
4. 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) Smart View
C) Oracle Transactional Business Intelligence
D) Account Group
5. Your client provides loans to their customers. You are appointed as a consultant to implement Accounting Hub Cloud and standardize the accounting process. Your client wants to retrieve the segment values for the debit and credit side of journal entries based on different criteria.
Which FOUR value types should you use in the definition of your account rules to generate journal entries as per the customer's requirement?
A) Account rule
B) Source
C) Account combination
D) Mapping set
E) Value set
F) Constant
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: A,B,D | Question # 4 Answer: C | Question # 5 Answer: A,B,D,F |
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