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Oracle Accounting Hub Cloud 2024 Implementation Professional Sample Questions (Q42-Q47):

NEW QUESTION # 42
Your client has a requirement to report directly from transactional tables and return the results in real-time, thus eliminating the need for a data warehouse.
Which tool would you suggest to your client to achieve this?

A. Financial Reporting Studio
B. Smart View
C. Account Group
D. Oracle Transactional Business Intelligence

Answer: D

NEW QUESTION # 43
You are tasked with troubleshooting a Create Accounting error.
What is the first step you need to take to use the Diagnostics Framework features?

A. Run the Accounting Events Diagnostic report
B. Submit the Accounting Event Diagnostics process
C. Set the "SLA: Enable Diagnostic" profile option
D. Run Create Accounting again to generate journal entries for the events that ended in error

Answer: C

NEW QUESTION # 44
Which TWO options can you use for reconciling subledger journal entries with the source system?

A. Submit Period Close Exception Report
B. Tag supporting references with Journal Line Rules
C. Submit the Subledger Accounting Diagnostics report
D. Submit the Subledger Accounting Diagnostics report

Answer: A,D

NEW QUESTION # 45
Which FOUR actions can you perform with the help of the Security Console?

A. Manage Data Access for Users
B. Create Roles
C. Manage User Name Generation Rules and Password Policies
D. Manage Automatic Data Provisioning
E. Compare Roles
F. Manage Password of other Users

Answer: B,C,E,F

NEW QUESTION # 46
Your company is part of the financial services industry and manages various types of transactions, such as Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep, in their source system. While analyzing the source transaction system, you are asked to propose an event model based on the activities performed by the company.
Based on your analysis, what should the Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep transactions be defined as while registering the source system?

A. Event classes
B. Journal sources
C. Source systems
D. Event types

Answer: D

NEW QUESTION # 47
......

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