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Oracle 1z0-1087-23 Exam Syllabus Topics:

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which statement is FALSE about the profile segments?

A) The profile segments are configured as part of the system attributes,
B) You cannot change the profile segments after you have loaded profiles.
C) The profile segments control the mapping of balances to reconciliations.
D) The profile segments specify the level at which the organization reconcile account balances.

2. Which three fields are required in a load file for pre-mapped balances?

A) Currency Bucket
B) Entity
C) Amount
D) Reconciliation ID
E) Currency Code
F) Period

3. From which two dates defined in the period can you schedule reconciliations? (Choose two.)

A) close date
B) prior period end date
C) end date
D) start date

4. In a reconciliation profile, the Account Payable Reviewers team is assigned as the reviewer, and you want to
require that ALL team members approve the reconciliation.
Which action should you perform?

A) On the Workflow tab of the Profile, select All Reviewers in the Require Action By field.
B) Do not select a Primary User for the Account Payable Reviewers team.
C) In the Instructions tab of the profile, add instructions for all team members to review the reconciliation.
D) Add a rule of the type Require Team Review to the Rules tab.

5. Which transaction matching method is used to match the transactions between two systems if period-end
reconciliation is not the objective?

A) Transaction Matching Only
B) Account Analysis with Transaction Matching
C) Balance Comparison with Transaction Matching
D) Variance Analysis with Transaction Matching

Solutions: