NEW QUESTION 1
In the process of analyzing data from a source system you find that there are no reliable amounts that can be used to build a subledger journal entry.
How can you resolve this challenge?

• A. Use a custom formula in an account rule to derive amounts.
• B. Use a custom formula in a description rule to derive amounts.
• C. Use a custom formula in a journal line rule to derive amounts.
• D. Use a custom formula in a supporting reference to derive amount

Answer: D

NEW QUESTION 2
What are the tables or views from which the Create Accounting process takes source data that is used in accounting rules to create journal entries referred to as?

• A. Transaction objects
• B. Event entities
• C. Source objects
• D. Mapping sets

Answer: B

NEW QUESTION 3
Given the business use case:
'New Trucks' runs a fileet of trucks in a rental business In the U.S. The majority of the trucks are owned; however, in some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company 'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
What wil the typical transaction information be at the header level?

• A. Line Type
• B. Currency
• C. Amount
• D. Customer Number

Answer: C

NEW QUESTION 4
A customer's business requirement demands a more granular view of transferred subledger journal entries in GL.
Which of the available General Ledger Journal Entry Summarization options meets this requirement?

• A. Summarize by GL Date
• B. Summarize by GL Period
• C. Group by GL Date
• D. Transfer in Details

Answer: A

NEW QUESTION 5
Given the business requirement in the use case:
'New Trucks' runs a fileet of trucks in a rental business In the U.S. The majority of the trucks are owned; however, in some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company 'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
What are the key transaction types mentioned in the use case?

• A. Pay Insurance and Control Truck Services
• B. Initiate Truck Rentals Contract and Pay Truck Maintenance
• C. Purchase Trucks and Deploy Trucks
• D. Purchase Trucks and Pay Out Trucks

Answer: D

NEW QUESTION 6
While creating a journal entry rule set you are NOT able to use an account rule that was created recently.
Which two reasons can explain this?

• A. The account rule is using sources that have not been assigned to the same event class that is associated to the journal entry rule set.
• B. The account rule is defined with conditions that are not allowing the assignment.
• C. The account rule does not return any valid account value.
• D. The account rule is defined with a different chart of accounts from the journal entry rule se

Answer: A

NEW QUESTION 7
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 value set source.
• B. The source does not return any value; therefore the rule is not displayed.
• C. The rule is built using a line level source.
• D. The rule is built using a custom sourc

Answer: C

NEW QUESTION 8
Given the business use case:
'New Trucks' runs a fileet of trucks in a rental business In the U.S. The majority of the trucks are owned; however, in some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company 'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income.
What would the typical line information be?

• A. Customer Number
• B. Truck Type
• C. Company
• D. Transaction Date

Answer: A

NEW QUESTION 9
Which two options allow validating input values on mapping sets?

• A. Segment values
• B. Lookup types
• C. Value sets
• D. Chart of accounts segment

Answer: A

NEW QUESTION 10
What is the recommended approach for a use case in which some parts of the transaction data must be processed before uploading them to Accounting Hub Cloud?

• A. Use Oracle ERP Integration tool.
• B. Use PaaS tools, for example, ICS - to perform ETL tasks.
• C. Use Oracle OTBI tool.
• D. Use a web service too

Answer: A

NEW QUESTION 11
Invoices received from a source system need to use a specific account based on 30 different expense types. However, if the invoice is from a certain supplier type, it needs to go to a default account regardless of the expense type.
What is the solution?

• A. Create a 30 account combination rule with a condition of expense type.
• B. Create an account rule with three rule elements using one for expense type mapping, one for condition of supplier type, and the other one without any condition.
• C. Create two journal line rules with a condition of supplier type.
• D. Create an account rule with 31 rule elements using one condition for each expense type and another for supplier type.

Answer: B

NEW QUESTION 12
What attribute of a subledger journal entry is NOT transferred to GL?

• A. Accounting class
• B. Accounting lines
• C. Accounted amounts
• D. Supporting references

Answer: B

NEW QUESTION 13
What feature is NOT provided by Fusion Accounting Hub Reporting Cloud Service (FAHRC)?

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

Answer: A

NEW QUESTION 14
Which two actions can you accomplish for a registered source system?

• A. Add new event classes through the user interface.
• B. Modify the subledger application name as long as there are no pending accounting entries.
• C. Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet.
• D. Revise source Information through the user interface and add more source

Answer: BC

NEW QUESTION 15
Which two can you use to view supporting reference balances?

• A. Use the Supporting Reference Balance Inquiry page.
• B. Submit the standard Supporting Reference Balances Report.
• C. Use Oracle Transactional Business Intelligence to create an analysis using the Subledger Accounting - Supporting Reference Real Time subject area.
• D. Use Business Intelligence Publisher to build a custom repor

Answer: CD

NEW QUESTION 16
What is NOT included in the minimum required accounting attribute assignments?

• A. Second Distribution Identifier
• B. First Distribution Identifier
• C. Distribution Type
• D. Accounting Date

Answer: A

NEW QUESTION 17
What can you override in a completed subledger journal entry?

• A. the amounts
• B. the descriptions
• C. the account
• D. the supporting Information

Answer: A

NEW QUESTION 18
What are all the tabs that are available to be completed in the Register Source System spreadsheet?

• A. Source System and Line Information
• B. Source System and Transaction Information
• C. Source System
• D. Source System, Transaction Information, and Line Information

Answer: C

NEW QUESTION 19
The new billing source system has been registered into Accounting Hub Cloud. The subledger is in active state. At a later date, the business decides to bring in another legacy system (for example, a payment system) for accounting in Accounting Hub.
What two options do you have?

• A. Add this as a new transaction type into existing registered subledger from the user interface.
• B. Register it as a new source system.
• C. Add this as a new transaction typo into existing subledger registration spreadsheet template.
• D. Change the transaction data fil

Answer: CD

NEW QUESTION 20
After supporting references balances setup component is tagged to subledger journal entries, what type of reports need to be created so that the information is available to users?

• A. an Oracle Financial Reporting Studio report
• B. a predefined Oracle Business Intelligence Publisher report
• C. an Oracle Transactional Business Intelligence analysis
• D. a Smart View Report

Answer: B

NEW QUESTION 21
Where do you define the currency conversion type to be used in converting accounted amount for reporting currency ledger?

• A. Specify Ledger Options
• B. Manage Accounting Attribute Assignments
• C. Manage Reporting Currencies
• D. Manage Subledger Accounting Options

Answer: B

NEW QUESTION 22
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