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Download Oracle Accounting Hub Cloud 2022 Implementation Professional Exam Dumps

NEW QUESTION 30
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 a description rule to derive amounts.
• B. Use a custom formula in an account rule to derive amounts.
• C. Use a custom formula in a supporting reference to derive amounts.
• D. Use a custom formula in a journal line rule to derive amounts.

Answer: D

NEW QUESTION 31
What three are the required elements of an accounting method?

• A. Journal line rules.
• B. Account rules.
• C. Supporting reference.
• D. Journal entry rule sets.
• E. Description rules.

Answer: A,B,D

NEW QUESTION 32
Which four components are related to the Accounting Hub?

• A. General Ledger
• B. Sub Ledgers
• C. Accounting Transformations
• D. Financial Reporting
• E. Outbound Integration

Answer: A,B,C,D

NEW QUESTION 33
Which role must the user have to import accounting transaction data?

• A. Subledger Accounting Reporting Duty role
• B. Accounting Hub Integration Duty role
• C. Accounting Hub Administration Duty role
• D. Subledger Accounting Duty role

Answer: B

NEW QUESTION 34
Given the business use case:
'New Trucks' runs a fleet 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 custom formulas
• B. Use analytical calculations
• C. Use mapping set rules
• D. Use flexfield

Answer: A

NEW QUESTION 35
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