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Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Overview and Navigation | 10% | - Describe reconciliation methods - Explain user roles and access control - Navigate the application interface |
| Configuring Reconciliation Compliance | 25% | - Create and manage profiles - Create and manage formats - Define teams and workflow assignments - Set up calendars and periods |
| Loading and Managing Data | 15% | - Load balances and transactions - Import via Data Management and Data Integration - Use EPM Automate and REST APIs |
| Managing Reconciliations | 20% | - Manage period status and reconciliation lifecycle - Use summary and group reconciliations - Create different reconciliation types - Review, approve, reject and reopen reconciliations |
| Creating and Managing Rules | 15% | - Configure validation and alert rules - Add calculated attributes and filters - Apply rules to formats and profiles |
| Configuring Transaction Matching | 15% | - Create match types and data sources - Run auto-match and confirm results - Export adjustments and journals - Define matching rules and processes |
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
1. When can you run auto-matching for a transaction matching reconciliation?
A) after the reconciliation meets its start date
B) after the reconciliation status changes to Open With Preparer
C) after the period end date is reached
D) after you load transactions to the reconciliation data sources
2. Which two are tasks you can perform when confirming suggested matches with adjustments in the Suggested
Matches list? (Choose two.)
A) Select an Adjustment Type.
B) Enter a date for the adjustment.
C) Enter an adjustment amount.
D) Select the data source to adjust.
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. The objects within the match type refer to data sources, the data source attributes, the match processes, the
rules, and the rule conditions. Which statement is FALSE about importing a match type with the same name as
an existing match type?
A) Objects from the import file overwrite objects with the same name in the system.
B) Objects that exist in the system but not in the import file are deleted.
C) New objects are created in the system from the objects in the import file if they do not exist.
D) Objects with the same name in the system as in the import file are not updated.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A,D | Question # 3 Answer: B,C | Question # 4 Answer: B | Question # 5 Answer: B |
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