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

NO: 5: Your client is involved in the sale of health, vehicle, and home insurance services. Currently, they process their transactions in a source system. You have been appointed as a consultant to implement Accounting Hub Cloud and standardize their accounting process. You decide to register their source system as a single application in Accounting Hub Cloud. How many event classes will be generated by the system while registering the source system?

Options :

A : Four

B : Two

C : One

D : Three

Answer: C

Question 3

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 4

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 5

Your new Oracle Fusion Cloud customer has a reporting requirement to balance general ledger journals not only between companies (primary balancing segments and Legal Entities) but also within divisions. The proposed chart of account structure has the following nine segments: Company-Division-Department-Account-Subaccount-Product-Intercompany-Future1-Future2 Which segment label should be selected on Division to achieve the reporting requirement?

Options :

A : Cost Center segment

B : Second Balancing segment

C : Intercompany segment

D : Management segment

E : Local Use segment

Answer: B

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