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Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Account Reconciliation Overview | - Explain the features of Account Reconciliation - Describe the reconciliation process - Describe key concepts like Reconciliation Types, Compliance, and Balances |
| Topic 2: Administration and Security | - Manage integration with EPM Cloud - Explain security roles and access control - Describe system settings and configurations |
| Topic 3: Configuring Reconciliation Compliance | - Set up formats and profiles - Explain rules and conditions - Manage periods and organizational units |
| Topic 4: Reconciling Accounts | - Explain data loads for Reconciliations - Describe Auto Reconciliation - Create and manage Reconciliations - Describe transactions and matching |
| Topic 5: Transaction Matching | - Explain Transaction Matching concepts - Explain the matching process and exception handling - Configure matching rules and formats - Manage Data Sources and Attributes |
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
1. Which is true when you reopen a reconciliation?
A) It reopens to the preparer.
B) It reopens to the last reviewer.
C) It reopens to the service administrator.
D) You select the role to which it reopens to.
2. Which two options indicate the minimum and respectively the maximum number of currency buckets you can
enable? (Choose two.)
A) one
B) four
C) three
D) two
3. You are creating a matching rule, and you want transactions that are within the specified tolerance range to be
matched automatically, with no need for further user review.
Which option should you choose for the Match Status?
A) Auto Submit
B) Confirmed
C) Auto Approve
D) Suggested
4. Which statement is true for profiles that have a Quarterly frequency selected?
A) You can create reconciliations for those profiles only in periods that have Quarterly frequency selected.
B) They must be assigned a quarterly calendar.
C) The balances for quarterly reconciliations aggregate the balances from monthly reconciliations.
D) You cannot create reconciliations for profiles with transaction matching reconciliation methods for
quarterly periods.
5. Which statement regarding user-defined attributes is FALSE?
A) They can include calculated values.
B) They can be assigned default value.
C) You can assign access by user role.
D) You can no longer add/edit attributes after reconciliations are created.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A,C | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: D |
