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


2. 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.
How many event classes will be generated by the system while registering the source system?

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


3. A manual subledger journal did not reverse. What could be the reason for this?

A) The next accounting period was open
B) The next accounting period was future-enterable
C) The Reverse Accrual On field was left null
D) The Create Accrual Reversal Accounting process had run and completed with no errors


4. Which TWO options can you use for reconciling subledger journal entries with the source system?

A) Submit the Subledger Accounting Diagnostics report
B) Submit the Subledger Accounting Diagnostics report
C) Submit Period Close Exception Report
D) Tag supporting references with Journal Line Rules


5. While creating an accounting method, you are unable to select a journal entry rule set for a combination of event class and event type.
What could be the reason for this issue?

A) The accounting method is either not attached to any chart of accounts or is attached to another chart of accounts than the journal entry rule set
B) Journal line rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
C) Supporting references assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
D) Description rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached


Solutions:

Question # 1
Answer: A,B,E
Question # 2
Answer: C
Question # 3
Answer: C
Question # 4
Answer: B,C
Question # 5
Answer: A

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