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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Which three duty roles are required to perform Accounting Hub setup tasks?

A) Accounting Hub Administration
B) Accounting Hub Integration
C) Subledger Accounting Manager
D) Application Implementation Consultant
E) Accounting Hub Maintenance

2. Your company is part of the financial services industry and manages various types of transactions, such as Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep in their source system. While analyzing their source transaction system, you are asked to propose an event model, based on the activities performed by the company.
According to your analysis, what should the Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep transactions be defined as while registering the source system?

A) Event types
B) Source systems
C) Journal sources
D) Event classes

3. The company 'Insurance for Homes' provides home insurance services. It has an in-house system that processes home insurance payments received from customers. The end result of the process consists of a list of individual journal entries in a spreadsheet. The company wants to get all journal entries in a secure and auditable repository. Access will be limited to a select few staff members. Additionally, these staff members will need to be able to report and view the entries using an advanced reporting and analytical tool for slicing and dicing the journal entries.
Insurance premium is to be recognized as income across the coverage period of the insurance policy.
Which types of journal lines need to be set up to generate recurring journal entries for insurance premium in each accounting period?

A) Reversal and Recognition
B) Multiperiod and Recognition
C) Deferral and Recognition

4. 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 Sequence Number
B) Transaction Number
C) Transaction Type
D) Document Key

5. Which predefined role allows a user to manage the period close activities in the General Ledger (GL) application?

A) Financial Analyst
B) Chief Financial Officer (CFO)
C) General Accountant
D) General Accounting Manager

Solutions: