Question 1

The Unified Migration option helps move functional setup data from one instance to another. Which TWO statements are true about Unified Migration?

Options :

A : You need to manually download the configuration set from the source and manually upload it into the target

B : You can optionally migrate only the new changes if both environments are synchronized

C : The Unified Migration option requires registration of the target environment in the source environment

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

Question 2

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?

Options :

A : Source

B : Mapping set

C : Constant

D : Account combination

E : Value set

F : Account rule

Answer: A,B,C,F

Question 3

Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they are processing transactions in a source system, and you have been appointed as a consultant to implement Oracle Cloud Accounting Hub to standardize the accounting process. You have decided to register the source system as a single application in Accounting Hub. How many event classes will be generated by the system while registering the source system?

Options :

A : Four

B : Three

C : One

D : Two

Answer: C

Question 4

Which statement is true about journal entry rule sets?

Options :

A : Description rules can be assigned only at the header level of a journal entry rule set

B : Description rules must carry the same chart of accounts that is attached to the journal entry rule set

C : Description rules can be assigned at both the header and the line level of a journal entry rule set

Answer: C

Question 5

Your client, a banking organization, currently uses different transaction systems for various types of loans, including vehicle loans, personal loans, education loans, and housing loans. The client has already implemented other subledger applications including payable, assets, and expenses. You have been hired as a consultant to help them implement the Accounting Hub solution for streamlining the accounting entries from the source system. One of their requirements is to track the overall loan amount disbursed by each loan officer. You decide to use the supporting references functionality to achieve this requirement. However, when you try to define the loan officer as a supporting reference, the add option is disabled. What could be the reason for this issue?

Options :

A : Thirty supporting references with balances have already been defined, so a new supporting reference cannot be added

B : Supporting references can be used only with predefined applications, such as payable, assets, and expenses

C : Supporting reference tracking was not enabled while registering the source system

D : Subledger application name was not selected as a scope before defining the supporting reference

Answer: D

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