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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Your customer wants to monitor the balances of their key General Ledger (GL) accounts on a regular basis and asks your advice on the best reporting option.
Which reporting tool would you suggest?

A) Financial Reporting Studio
B) Oracle Transactional Business Intelligence
C) Smart View
D) Account Groups and Sunburst

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

3. You design an income statement report with the help of Financial Reporting Web Studio. You add row numbers 3, 4, and 5 to reflect the balances for three different expense accounts and row number 6 to reflect the sum of row numbers 3, 4, and 5.
Which formula should be used on row number 6 to calculate the sum?

A) ([3:5])
B) ([3,5])
C) ({3:5})
D) ([3;5])

4. Which four actions can you take by using Security Console?

A) Manage Data Access for Users
B) Compare Roles
C) Manage Automatic Data Provisioning
D) Manage Password of Other Users
E) Manage User Name Generation Rules and Password Policies
F) Create Roles

5. 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

Solutions: