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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Data Migration and Integration | 20% | - Import and reconcile historical data - Configure external data load formats - Integrate with source systems using REST APIs - Use spreadsheet-based loader for data migration |
| Topic 2: Implementation Planning and Setup | 20% | - Define implementation scope and requirements - Configure ledgers, legal entities, and chart of accounts - Define and manage mapping sets - Set up accounting periods and calendars |
| Topic 3: Reporting and Analysis | 15% | - Generate standard financial reports - Create custom reports using Oracle Analytics Cloud - Set up account monitoring and alerts |
| Topic 4: Post-Implementation and Maintenance | 10% | - Troubleshoot common implementation issues - Perform period-end close procedures - Manage user access and security roles - Apply updates and manage configuration changes |
| Topic 5: Oracle Accounting Hub Cloud Overview | 10% | - Describe Accounting Hub Cloud key features and capabilities - Explain the architecture and components of Accounting Hub Cloud - Identify the benefits of implementing Accounting Hub Cloud |
| Topic 6: Subledger Accounting Configuration | 25% | - Configure journal line types and descriptions - Create and manage account hierarchies - Set up account combinations and rules - Define mapping sets and journal line assignments |
1. 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 provides an audit trail by preserving the original subledger journal entry
B) It is intended to correct only the subledger journals that have been posted
C) It allows users to record a reason for the adjustment
D) It adjusts the original source transaction
2. A banking organization is currently using different transaction systems for various types of loans, including vehicle loans, personal loans, education loans, and housing loans. You have been appointed as a consultant to implement Accounting Hub Cloud.
Which THREE points should you remember while registering the source system for the organization?
A) Summarized Transaction type information cannot be sent for accounting transformation
B) Use separate subledgers to ensure less data processing in each run
C) Use separate subledgers to share sub-ledger accounting rules
D) Use separate subledgers to provide more security across applications
E) A transaction type and its associated transaction data typically relate to a single document of transaction
3. Challenge 2: Manage Account Rule
TASK
Create Account Rule with 3 priorities
Name of Account Rule: Revenue Account
Subledger Application: AHC Billing
Process Category: AHC Billing
Event Class: AHC Billing
Event Type: Customer Billing, Customer Pay In, Customer Refund, Customer Settlement See the Explanation below for all the solution.
4. Which statement is true about journal entry rule sets?
A) Description rules must carry the same chart of accounts that is attached to the journal entry rule set
B) Description rules can be assigned at both the header and the line level of a journal entry rule set
C) Description rules can be assigned only at the header level of a journal entry rule set
D) Description rules can be assigned only at the header level of a journal entry rule set
5. You are explaining to an accountant that account override is an adjustment feature of subledger accounting.
Which two traits can help you explain this?
A) It provides an audit trail by preserving the original subledger journal entry
B) It is intended to correct only the subledger journals that have been posted
C) It adjusts the original source transaction
D) It enables users to record a reason for the adjustment
Solutions:
| Question # 1 Answer: A,C | Question # 2 Answer: B,D,E | Question # 3 Answer: Only visible for members | Question # 4 Answer: B | Question # 5 Answer: A,D |
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