Question 1

Your client, a banking organization, is currently using different transaction systems to take care of various types of loans, including vehicle loans, personal loans, education loans, and housing loans. You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge Off as event types. Now the customer has asked you to add another transaction type called Loan Interest Accrual Reversal. What should be your response to the customer?

Options :

A : The source system should be registered again by including the Loan Interest Accrual Reversal event type.

B : A new transaction type cannot be added after the source system is registered.

C : Loan Interest Accrual Reversal can be added as a new event type from the user interface.

D : Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template.

Answer: C

Question 2

You are implementing the Oracle Fusion Cloud Financial Accounting Hub (FAH) service for three legacy Receivables systems. As part of your FAH implementation project, the customer requests that general ledger journals be summarized to keep a thin general ledger as billing in the three source systems is per delivery. Which two options can be used in FAH to create the requested general ledger journals?

Options :

A : Summarize by journal category

B : Group by general ledger period

C : Summarize by general ledger period

D : Group by general ledger date

E : Summarize by general ledger date

F : Summarize by journal source

Answer: C,E

Question 3

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?

Options :

A : Drill to Detail Balances

B : Drill to Financial Reporting Center

C : Drill to Account Group

D : Drill to Account Inspector

Answer: A,B

Question 4

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?

Options :

A : Lookup type

B : Value set

C : Segment

D : Mapping set

E : Account combination

Answer: C,D,E

Question 5

NO: 2: Your client, a banking organization, is currently using different transaction systems for different types of loans including vehicle loans, personal loans, education loans, and housing loans. You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge off as event types. The customer now asks you to add another transaction type called Loan Interest Accrual Reversal. What should be your response to the customer?

Options :

A : Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template

B : The source system should be registered again by including the Loan Interest Accrual Reversal event type

C : A new transaction type cannot be added after the source system is registered

D : Loan Interest Accrual Reversal can be added as a new event type from the user interface

Answer: D

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