Question 1

Your customer is engaged in the business of distributing different types of loans to their customers. They need to generate dynamic descriptions for journal lines based on the type of interest rates. The two types of interest rates are adjustable and fixed. What would be your recommendation to the customer?

Options :

A : Set up a single description rule with conditions defined for two priorities, one for adjustable rates and the other for fixed rates

B : Define a separate journal entry rule set for each rate type

C : Set up separate description rules for adjustable and fixed rates

D : Set up separate journal line rules for adjustable and fixed rates

Answer: A,D

Question 2

While creating an accounting method, you are unable to select a journal entry rule set for a combination of event class and event type. What could be the reason for this issue?

Options :

A : The accounting method is either not attached to any chart of accounts or is attached to another chart of accounts than the journal entry rule set

B : Journal line rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached

C : Description rules assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached

D : Supporting references assigned to the journal entry rule set are not attached to the same chart of accounts to which the accounting method is attached

Answer: A

Question 3

Which TWO privileges are recommended while enabling Audit History on several key business objects?

Options :

A : Audit Assignment Grade

B : View Audit History

C : Manage Audit Policies

D : Manage Application Objects

Answer: B,C

Question 4

Your client provides loans to its customers. You are appointed as a consultant to implement Accounting Hub Cloud to standardize the accounting process. Your customer wants to retrieve the segment values for the debit and credit side of journal entries based on different criteria. You decide to create a mapping set to retrieve the value of the cost center segment based on loan type as an input source. Your client wants the values to be validated from a list while creating the input and output mappings. Which TWO options allow the validation of input values on mapping sets?

Options :

A : Chart of accounts segment

B : Value sets

C : Segment values

D : Lookup types

Answer: B,D

Question 5

Oracle Transactional Business Intelligence enables developers and end users to create meaningful analyses and reports by eliminating the need for SQL skills. Which THREE tools can be used by developers and end users, while working with Oracle Transactional Business Intelligence?

Options :

A : BI Mobile App Designer

B : BI Composer

C : BI Publisher

D : BI Drive

E : BI Answers

Answer: A,B,E