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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q19-Q24):
NEW QUESTION # 19
Which statement is true about journal entry rule sets?
- A. Description rules can be assigned at both the header and the line level of a journal entry rule set.
- B. Description rules can be assigned only at the header level of a journal entry rule set.
- C. Description rules can be assigned only at the line level of a journal entry rule set.
Answer: A
NEW QUESTION # 20
The Unified Migration option helps move functional setup data from one instance to another.
Which TWO statements are true about Unified Migration?
- A. You need to manually download the configuration set from the source and manually upload it into the target
- B. There is no need to import the migration set into a sandbox instance before it is applied to the target environment
- C. You can optionally migrate only the new changes if both environments are synchronized
- D. The Unified Migration option requires registration of the target environment in the source environment
Answer: C,D
NEW QUESTION # 21
In Functional Setup Manager, if setup data is segmented by a specific context, you can perform the setup task iteratively, such as assigning different ledger options to different primary ledgers.
Which action should you take to specify the context?
- A. Select the value for Functional Area
- B. Select the value for Feature
- C. Select the value for Scope
- D. Select the value for Lookup Code
Answer: C
NEW QUESTION # 22
Your client decides to:
Configure a primary ledger for local statutory reporting requirements and a secondary ledger to manage alternative accounting requirements.
Use Financial Reporting Studio to manage the financial reports that leverage the cube connections.
They are seeking your advice to understand the cubes that the system creates to store the balances for these two ledgers.
Based on which unique combination of ledger components are the cube connections generated?
- A. Chart of Accounts and Calendar
- B. Calendar and Currency
- C. Convention and Currency
- D. Chart of Account and Currency
- E. Chart of Account and Convention
Answer: A
NEW QUESTION # 23
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. 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
- D. 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
Answer: A
NEW QUESTION # 24
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