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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Subledger Accounting Configuration | 25% | - Create and manage account hierarchies - Define mapping sets and journal line assignments - Configure journal line types and descriptions - Set up account combinations and rules |
| Topic 2: Post-Implementation and Maintenance | 10% | - Troubleshoot common implementation issues - Apply updates and manage configuration changes - Perform period-end close procedures - Manage user access and security roles |
| Topic 3: Oracle Accounting Hub Cloud Overview | 10% | - Explain the architecture and components of Accounting Hub Cloud - Describe Accounting Hub Cloud key features and capabilities - Identify the benefits of implementing Accounting Hub Cloud |
| Topic 4: Reporting and Analysis | 15% | - Generate standard financial reports - Set up account monitoring and alerts - Create custom reports using Oracle Analytics Cloud |
| Topic 5: Data Migration and Integration | 20% | - Configure external data load formats - Use spreadsheet-based loader for data migration - Integrate with source systems using REST APIs - Import and reconcile historical data |
| Topic 6: Implementation Planning and Setup | 20% | - Define and manage mapping sets - Define implementation scope and requirements - Configure ledgers, legal entities, and chart of accounts - Set up accounting periods and calendars |
1. Challenge 1: Manage Journal Line Rule
TASK
Create 2 Journal Line Rule
Interest Receivable
Interest Income
Subledger Application: AHC Loan
Process Category: AHC Loan
Event Class: AHC Loan
Event Type: Loan Origination, Interest Accrual, Payment
2. 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?
A) When online accounting is submitted from the transaction pages
B) When the Multiperiod Accounting process is submitted
C) When accounting is transferred outside of Fusion General Ledger
D) When the Create Accounting process is submitted in Final and Post modes
3. Your client provides loans to its customers. You are appointed as a consultant to implement Accounting Hub Cloud and standardize the accounting process. Your client needs to retrieve the segment values for the debit and credit side of journal entries based on different criteria. You decide to set up three account rules to achieve this requirement.
Which THREE rule types are available for building account rules?
A) Mapping set
B) Account combination
C) Lookup type
D) Value set
E) Segment
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) Chart of accounts segment
C) Segment values
D) Lookup types
5. Your client deals in Banking, Insurance, and Stock Trading. They have separate transaction systems to process their transactions. You have been appointed as a consultant to implement Accounting Hub Cloud to streamline and standardize the accounting process for each of the source systems.
The client wants to generate the following accounting entries:
* Banking-related transactions on a daily basis
* Stock trading transactions on alternate days
* Insurance transactions on a weekly basis
Considering the nature of business, frequency of generating accounting entries, and the load on the system, how many source systems would you suggest?
A) Two
B) Four
C) Three
D) One
Solutions:
| Question # 1 Answer: Only visible for members | Question # 2 Answer: A,B,D | Question # 3 Answer: A,B,E | Question # 4 Answer: A,D | Question # 5 Answer: C |
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