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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Reporting and Analysis | 15% | - Set up account monitoring and alerts - Generate standard financial reports - Create custom reports using Oracle Analytics Cloud |
| Topic 2: Subledger Accounting Configuration | 25% | - Define mapping sets and journal line assignments - Configure journal line types and descriptions - Create and manage account hierarchies - Set up account combinations and rules |
| Topic 3: Oracle Accounting Hub Cloud Overview | 10% | - Explain the architecture and components of Accounting Hub Cloud - Identify the benefits of implementing Accounting Hub Cloud - Describe Accounting Hub Cloud key features and capabilities |
| Topic 4: Data Migration and Integration | 20% | - Import and reconcile historical data - Configure external data load formats - Use spreadsheet-based loader for data migration - Integrate with source systems using REST APIs |
| Topic 5: Post-Implementation and Maintenance | 10% | - Apply updates and manage configuration changes - Manage user access and security roles - Perform period-end close procedures - Troubleshoot common implementation issues |
| Topic 6: Implementation Planning and Setup | 20% | - Define implementation scope and requirements - Configure ledgers, legal entities, and chart of accounts - Set up accounting periods and calendars - Define and manage mapping sets |
1. 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 the source transaction system, you are asked to propose an event model based on the activities performed by the company.
Based on 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) Event classes
C) Source systems
D) Journal sources
2. You are trying to explain to an accountant that account override is an adjustment feature of Subledger Accounting.
Which TWO traits can help you further explain this feature?
A) It is intended to correct only the subledger journals that have been posted
B) It adjusts the original source transaction
C) It provides an audit trail by preserving the original subledger journal entry
D) It allows users to record a reason for the adjustment
3. You are trying to explain to an accountant that account override is an adjustment feature of Subledger Accounting.
Which TWO traits can help you further explain this feature?
A) It is intended to correct only the subledger journals that have been posted
B) It adjusts the original source transaction
C) It provides an audit trail by preserving the original subledger journal entry
D) It allows users to record a reason for the adjustment
4. Your client provides loans to its customers. You are appointed as a consultant to implement Accounting Hub Cloud to standardize the accounting process. Your customer wants to retrieve the segment values for the debit and credit side of journal entries based on different criteria.
You decide to create a mapping set to retrieve the value of the cost center segment based on loan type as an input source. Your client wants the values to be validated from a list while creating the input and output mappings.
Which TWO options allow the validation of input values on mapping sets?
A) Value sets
B) Segment values
C) Lookup types
D) Chart of accounts segment
5. Which duty role is required to authorize access to the import accounting transactions process?
A) Accounting Hub Create Accounting duty role
B) Accounting Hub Create and Post Journal Entry duty role
C) Accounting Hub Import duty role
D) Accounting Hub Integration duty role
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C,D | Question # 3 Answer: C,D | Question # 4 Answer: A,C | Question # 5 Answer: D |
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