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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Implementation Planning and Setup | 20% | - Configure ledgers, legal entities, and chart of accounts - Define implementation scope and requirements - Define and manage mapping sets - Set up accounting periods and calendars |
| Topic 2: Data Migration and Integration | 20% | - Configure external data load formats - Use spreadsheet-based loader for data migration - Import and reconcile historical data - Integrate with source systems using REST APIs |
| Topic 3: Oracle Accounting Hub Cloud Overview | 10% | - Identify the benefits of implementing Accounting Hub Cloud - Describe Accounting Hub Cloud key features and capabilities - Explain the architecture and components of Accounting Hub Cloud |
| Topic 4: Post-Implementation and Maintenance | 10% | - Perform period-end close procedures - Troubleshoot common implementation issues - Manage user access and security roles - Apply updates and manage configuration changes |
| Topic 5: Subledger Accounting Configuration | 25% | - Define mapping sets and journal line assignments - Create and manage account hierarchies - Configure journal line types and descriptions - Set up account combinations and rules |
| Topic 6: Reporting and Analysis | 15% | - Create custom reports using Oracle Analytics Cloud - Set up account monitoring and alerts - Generate standard financial reports |
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?
Correct Answer: D 🗳️
Which three duty roles are required to perform Accounting Hub setup tasks?
Correct Answer: A,D,E 🗳️
Your client organization deals in providing loans to its customers. You are appointed as a consultant to implement Oracle Fusion Cloud Accounting Hub to standardize the accounting process. Your client has a requirement 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 the 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?
Correct Answer: A,B 🗳️
Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they are processing transactions in a source system, and you have been appointed as a consultant to implement Oracle Cloud Accounting Hub to standardize the accounting process. You have decided to register the source system as a single application in Accounting Hub.
How many event classes will be generated by the system while registering the source system?
Correct Answer: C 🗳️
The cloud client wants to drive an efficient transfer of accounting entries between Subledger Accounting and their General Ledgers. Hence, they are skipping the Post Subledger Journal Entries and Journal Import processes.
Under what three conditions are the improvements to transfer of Subledger Accounting entries to General Ledger enhancement ignored?
Correct Answer: A,B,D 🗳️
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