NEW QUESTION 1
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 2
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 3
A financial analyst at your workplace would like to frequently view Journal entries report with all line details attributes with user's specific set of criteria and pivot table.
What is the solution to implement this requirement quickly?

• A. Build a new data warehouse solution.
• B. Build a custom Oracle Transactional Business Intelligence report on subledger accounting subject areas.
• C. Request support team to download subledger Journal entry data.
• D. Run predefined reports and filter the report with the available report parameter

Answer: A

NEW QUESTION 4
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 5
Which four options are used to reconcile subledger journal entries?

• A. Set up reconciliation using the reconciliation reference accounting attribute.
• B. Assign a descriptive text and source on journal lines.
• C. Run the Subledger Accounting Method Setups report.
• D. Tag supporting references with journal entry lines.
• E. Build a custom OTBI report.
• F. Run the Subledger Accounting Diagnostics repor

Answer: CDEF

NEW QUESTION 6
What is the duty role that needs to be assigned for authorizing accounting processing in Accounting Hub Cloud?

• A. Accounting Hub Create Accounting Duty Role
• B. Accounting Hub Import Duty Role
• C. Accounting Hub Integration Duty Role
• D. Accounting Hub Create and Post Journal Entry Duty Role

Answer: C

NEW QUESTION 7
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 8
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 9
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.
How can the automatic recognition of insurance income be implemented in Accounting Hub Cloud?

• A. Set up multiperiod accounting journal lines.
• B. Set up a transaction line reversal.
• C. Create an adjustment journal entry.
• D. Set up automatic Journal line reversa

Answer: A

NEW QUESTION 10
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 11
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. Journal Entry
• B. Journal Entry Rule Set
• C. Event Class
• D. Journal Line Rule
• E. Event Type

Answer: B

NEW QUESTION 12
Which three duty roles are required to perform Accounting Hub setup tasks?

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

Answer: BDE

NEW QUESTION 13
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.
How do you calculate discounts for use in the accounting rule?

• A. Use filexfield
• B. Use custom formulas
• C. Use mapping set rules
• D. Use analytical calculations

Answer: C

NEW QUESTION 14
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 15
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 16
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.
How do you pass the calculated value for discount amounts in accounting rules to the corresponding journal line?

• A. Assign it to an accounting method.
• B. Assign it to an account rule.
• C. Assign it to a transaction type.
• D. Assign it to an accounting attribut

Answer: A

NEW QUESTION 17
What is the terminology that is used to refer to the number of transactions processed by Create Accounting in one commit cycle?

• A. Virtual Machine Processing Size
• B. Accounting Unit Commit Size
• C. Buffer Unit Size
• D. Processing Unit Size

Answer: D

NEW QUESTION 18
Which is used to track a specific transaction attribute on subledger journal entries?

• A. value set rules
• B. lookup value rules
• C. supporting references
• D. account rules

Answer: C

NEW QUESTION 19
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 20
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 21
Given the subledger journal entry:

Note that the first segment is the primary balancing segment. Which statement is True regarding this subledger journal entry?

• A. It is not balanced by balancing segment.
• B. It is not balanced by entered currency.
• C. It is not balanced by entered amounts.
• D. It appears correc

Answer: C

NEW QUESTION 22
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