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NEW QUESTION # 32
The Unified Migration option helps move functional setup data from one instance to another.
Which TWO statements are true about Unified Migration?
- A. You need to manually download the configuration set from the source and manually upload it into the target
- B. The Unified Migration option requires registration of the target environment in the source environment
- C. You can optionally migrate only the new changes if both environments are synchronized
- D. There is no need to import the migration set into a sandbox instance before it is applied to the target environment
Answer: B,C
NEW QUESTION # 33
Which FOUR actions can you perform with the help of the Security Console?
- A. Manage Data Access for Users
- B. Manage Password of other Users
- C. Compare Roles
- D. Create Roles
- E. Manage User Name Generation Rules and Password Policies
- F. Manage Automatic Data Provisioning
Answer: B,C,D,E
NEW QUESTION # 34
Your customer needs to generate journal entries for the insurance premium collected from the sale of policies. The different components of the premium collected by the company include Basic Premium and Tax. You decide to set up three separate journal line rules to account for Basic Premium, Tax Amount, and Total Amount.
Which attribute in a journal line rule allows you to classify these three journal entry lines?
- A. Accounting Class
- B. Event Class
- C. Rounding Class
- D. Business Flow Class
Answer: B
NEW QUESTION # 35
Which transaction source is used to link transaction header and line information?
- A. Transaction Key
- B. Transaction Number
- C. Transaction Type
- D. Transaction Date
Answer: B
NEW QUESTION # 36
Your client has operations in both the US and the UK. They currently use a third-party billing system to process transactions, such as Complete an Invoice, Record a Payment, Record Late Charges, and Recognize Revenue. You are part of the implementation team for the Accounting Hub solution. Your client wants to retrieve chart of accounts values for the line of business segment based on customer classification.
You decide to use the mapping sets functionality to fulfill this requirement.
Which THREE statements are true about using mapping sets?
- A. Mapping sets are unique to each sub-ledger application, in order to know which input sources to make available.
- B. The mappings can be entered only by using the user interface
- C. One mapping set can be used for only one account rule at a time
- D. You can define a default output value to use when actual input values do not match the mappings
- E. You can use up to 10 transaction or reference attributes as input in a mapping
Answer: A,D,E
NEW QUESTION # 37
Where do you define the currency conversion type to be used in converting accounted amount for reporting currency ledger?
- A. Specify Ledger Options
- B. Manage Reporting Currencies
- C. Manage Accounting Attribute Assignments
- D. Manage Subledger Accounting Options
Answer: B
NEW QUESTION # 38
Which is an alternate way to implement a mapping set rule?
- A. Define an account rule with conditions
- B. Define a lookup type rule with conditions
- C. Define a chart of account rule with conditions
- D. Define a flexfield rule with conditions
Answer: A
NEW QUESTION # 39
Which TWO options can you use for reconciling subledger journal entries with the source system?
- A. Tag supporting references with Journal Line Rules
- B. Submit Period Close Exception Report
- C. Submit the Subledger Accounting Diagnostics report
- D. Submit the Subledger Accounting Diagnostics report
Answer: B,D
NEW QUESTION # 40
Your customer wants to monitor the balances of their key General Ledger (GL) accounts on a regular basis and asks your advice on the best reporting option.
Which reporting tool would you suggest?
- A. Account Groups and Sunburst
- B. Oracle Transactional Business Intelligence
- C. Financial Reporting Studio
- D. Smart View
Answer: A
NEW QUESTION # 41
You are tasked with identifying the reason for a user from your client organization not being able to submit the job that imports the transaction data for accounting and posting in General Ledger.
You realize that a duty role needs to be associated with a job role for authorizing the access to import the accounting transactions process.
Which duty role would you suggest?
- A. Accounting Hub Import Duty Role
- B. Accounting Hub Create Accounting Duty Role
- C. Accounting Hub Integration Duty Role
- D. Accounting Hub Create and Post Journal Entry Duty Role
Answer: C
NEW QUESTION # 42
Your customer has four external systems to manage their home loan, auto loan, consumer loan, and personal loan businesses. They decide to implement Accounting Hub to import their transactional data for generating journal entries from these source systems. While evaluating different possibilities, they ask for your suggestion about the sharing of accounting rules for these external systems.
Which implementation setup allows the sharing of accounting rules for all four external systems?
- A. Two subledgers; one for home loan and auto loan and another for consumer loan and personal loan.
- B. Four subledgers; one for each source system
- C. One subledger for all four source systems
- D. Three subledgers; one for home loan and auto loan, second for consumer loan, and third for personal loan
Answer: C
NEW QUESTION # 43
A manual subledger journal did not reverse. What could be the reason for this?
- A. The Reverse Accrual On field was left null
- B. The next accounting period was future-enterable
- C. The next accounting period was open
- D. The Create Accrual Reversal Accounting process had run and completed with no errors
Answer: A
NEW QUESTION # 44
Apart from a mapping set-based account rule, which is the other way to retrieve segment values for journal entries?
- A. Define an account rule with conditions
- B. Define a lookup type rule with conditions
- C. Define a chart of accounts rule with conditions
- D. Define a flexfield rule with conditions
Answer: A
NEW QUESTION # 45
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 Trucks" 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. "New Trucks" and "Fix Trucks" are located in the same country and share a chart of accounts and accounting conventions.
How many ledgers are required to be set up?
- A. Two primary ledgers
- B. One primary, one secondary ledger
- C. One primary, one reporting currency ledger
- D. One primary ledger
Answer: D
NEW QUESTION # 46
You have recently created an analysis to review periodic revenue amounts using Smart View. Your customer wants to use the drill-through option to get more details about the balances appearing in the analysis.
Which two drill-through options are available for use?
- A. Drill to Account Group
- B. Drill to Financial Reporting Center
- C. Drill to Detail Balances
- D. Drill to Account Inspector
Answer: B,C
NEW QUESTION # 47
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