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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q59-Q64):

NEW QUESTION # 59
Your new Oracle Fusion Cloud customer has a reporting requirement to balance general ledger journals not only between companies (primary balancing segments and Legal Entities) but also within divisions. The proposed chart of account structure has the following nine segments:
Company-Division-Department-Account-Subaccount-Product-Intercompany-Future1-Future2 Which segment label should be selected on Division to achieve the reporting requirement?

A. Management segment
B. Local Use segment
C. Intercompany segment
D. Cost Center segment
E. Second Balancing segment

Answer: E

NEW QUESTION # 60
You are designing an income statement report with the help of Financial Reporting Studio. You add row numbers 3, 4, and 5 to reflect the balances for three different expense accounts and row number 6 to reflect the sum of row numbers 3, 4, and 5.
Which formula should be used on row number 6 to calculate the sum?

A. [3:5][3:5][3:5]
B. [3,5][3,5][3,5]
C. 3:5{3:5}3:5
D. [3;5][3;5][3;5]

Answer: A

NEW QUESTION # 61
Your client provides loans to their customers. You are appointed as a consultant to implement Accounting Hub Cloud and standardize the accounting process. Your client wants to retrieve the segment values for the debit and credit side of journal entries based on different criteria.
Which FOUR value types should you use in the definition of your account rules to generate journal entries as per the customer's requirement?

A. Source
B. Account rule
C. Value set
D. Mapping set
E. Constant
F. Account combination

Answer: A,B,D,E

NEW QUESTION # 62
You design an income statement report with the help of Financial Reporting Web Studio. You add row numbers 3, 4, and 5 to reflect the balances for three different expense accounts and row number 6 to reflect the sum of row numbers 3, 4, and 5.
Which formula should be used on row number 6 to calculate the sum?

A. ([3:5])
B. ({3:5})
C. ([3;5])
D. ([3,5])

Answer: A

NEW QUESTION # 63
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 criteri a. 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?

A. Chart of accounts segment
B. Value sets
C. Segment values
D. Lookup types

Answer: B,D

NEW QUESTION # 64
......

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