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Oracle Accounting Hub Cloud 2021 Implementation Essentials Sample Questions:

1. What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?

A) upload transaction data into FAH Reporting Cloud Service
B) transfer Balances to FAH Reporting Cloud Service
C) synchronize setup data from Oracle R12 E-Business Suite to FAH Reporting Cloud Service
D) provide real-time visibility to financial reports inFAH Reporting Cloud Service

2. Which three are mandatory transaction source information?

A) Transaction Date
B) Distribution Link
C) Transaction Line
D) Ledger Name
E) Transaction Number

3. You have created a description rule. When you try to select this description rule to be displayed as a header description rule in a journal entry rule set, you are not able to find this rule in the list of values.
What is the possible reason for NOT finding the rule?

A) The rule is built using a custom source.
B) The rule is built using a line level source.
C) The source does not return any value; therefore the rule is not displayed.
D) The rule is built using a value set source.

4. A customer has a business requirement to provide additional information about subledger Journals that cannot be found in a predefined report.
How can you meet this requirement?

A) Use either Account Monitor or Account Inspector to getrequired Information.
B) Build a Financial Reporting Studio report that includes all dimensions.
C) Build an OTBI analysis that includes a relevant subject area.
D) Create a Smart View report using the query designer feature.

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

Solutions: