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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions (Q74-Q79):

NEW QUESTION # 74
The company 'Insurance for Homes' provides home insurance services. It has an in-house system that processes home insurance payments received from customers. The end result of the process consists of a list of individual journal entries in a spreadsheet. The company wants to get all journal entries in a secure and auditable repository. Access will be limited to a select few staff members. Additionally, these staff members will need to be able to report and view the entries using an advanced reporting and analytical tool for slicing and dicing the journal entries.
Insurance premium is to be recognized as income across the coverage period of the insurance policy.
Which types of journal lines need to be set up to generate recurring journal entries for insurance premium in each accounting period?

A. Reversal and Recognition
B. Multiperiod and Recognition
C. Deferral and Recognition

Answer: C

NEW QUESTION # 75
Your client has a requirement to report directly from the transactional tables and return the results in real- time, in turn eliminating the need for a data warehouse.
Which tool would you suggest to your client for this purpose?

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

Answer: C

NEW QUESTION # 76
Which four actions can you take by using Security Console?

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

Answer: A,B,E,F

NEW QUESTION # 77
Where do you define the currency conversion type to be used in converting accounted amount for reporting currency ledger?

A. Manage Reporting Currencies
B. Manage Accounting Attribute Assignments
C. Manage Subledger Accounting Options
D. Specify Ledger Options

Answer: A

NEW QUESTION # 78
What is NOT included in the minimum required accounting attribute assignments?

A. First Distribution Identifier
B. Accounting Date
C. Second Distribution Identifier
D. Distribution Type

Answer: C

NEW QUESTION # 79
......

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