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Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Transaction Matching | - Manage Data Sources and Attributes - Explain Transaction Matching concepts - Configure matching rules and formats - Explain the matching process and exception handling |
| Configuring Reconciliation Compliance | - Explain rules and conditions - Set up formats and profiles - Manage periods and organizational units |
| Reconciling Accounts | - Create and manage Reconciliations - Describe transactions and matching - Describe Auto Reconciliation - Explain data loads for Reconciliations |
| Administration and Security | - Manage integration with EPM Cloud - Explain security roles and access control - Describe system settings and configurations |
| Account Reconciliation Overview | - Explain the features of Account Reconciliation - Describe key concepts like Reconciliation Types, Compliance, and Balances - Describe the reconciliation process |
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
1. Which statement is true regarding the Normal Balance attribute in a profile?
A) Reconciliations display a warning if the balance type is other than expected.
B) It is assigned automatically based on the account type.
C) Preparers cannot save a reconciliation if the balance type is other than expected.
D) When it is selected, reconciliations display a warning if their balance is zero.
2. Which keyword in a Teams import file identifies the section with the team members?
A) #team_items
B) #dependents
C) #team
D) #team_children
3. Which two are matching rule types?
A) Matches Exactly
B) Suggested Match
C) Adjustment
D) One to One
E) Matches with Tolerance
4. You are a preparer with the User role and you are going on vacation.
How can you assign responsibility for reconciliations currently open with you to the backup preparer?
A) Click the Release button in the reconciliations to release it to the other team members.
B) In the Workflow tab of the reconciliations, select a backup preparer in the Backup Preparer field.
C) In the Actions menu of the reconciliations, select Request Reassignment.
D) In User Preferences, change your status to Out of Office.
5. Which statement is FALSE about reconciliations that use the Transaction Matching Only reconciliation
method?
A) They do not need to be created for periods.
B) They display in both the Reconciliations list and the Matching list.
C) You must create profiles for them.
D) They do not participate in period-end compliance workflow.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: B,C | Question # 4 Answer: B | Question # 5 Answer: C |
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