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| Section | Weight | Objectives |
|---|---|---|
| Implementation Best Practices and Maintenance | 10% | - Maintenance and troubleshooting
|
| Accounting and Reporting | 20% | - Financial reporting structures
|
| Accounting Hub Overview and Architecture | 15% | - Common Fusion Cloud Application capabilities
|
| Subledger Accounting Configuration | 30% | - Accounting transformations and mappings
|
| Source System Integration and Data Management | 25% | - Data upload and validation
|
1. 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) Account combination
B) Value set
C) Constant
D) Source
E) Mapping set
F) Account rule
2. Which predefined role allows a user to manage the period close activities in the General Ledger (GL) application?
A) General Accounting Manager
B) Financial Analyst
C) Chief Financial Officer (CFO)
D) General Accountant
3. While creating an accounting method, you are unable to select a journal entry rule set for a combination of event class and event type.
What could be the reason for this issue?
A) Supporting references assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
B) The accounting method is either not attached to any chart of accounts or is attached to another chart of accounts than the journal entry rule set
C) Description rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
D) Journal line rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached
4. To create journal entries, the Create Accounting process takes source data used in accounting rules from tables or views.
What are the tables or views called?
A) Event entities
B) Transaction objects
C) Source objects
D) Mapping sets
5. 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) Account combination
B) Lookup type
C) Value set
D) Segment
E) Mapping set
Solutions:
| Question # 1 Answer: C,D,E,F | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: A,D,E |
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