1z0-1087-22 Exam Training Practice Tests (Oracle Account Reconciliation 2022 Implementation Professional)]

Question 1

Which two attribute types are required for each data source? (Choose two.)

A. Balancing Attribute B. Accounting Date C. Calculation D. Key Field

Correct Answer: A,B

Question 2

You want to load balances for both the Entered currency bucket and the Functional currency bucket in a single data load.
Which tool should you use?

A. Smart View B. Supplemental Data Management form C. 'Import pre-mapped balances' option in the Periods page D. Data Management data load rule

Correct Answer: D

Question 3

Which two statements are true about importing and exporting match types? (Choose two.)

A. Match types are exported to comma-separated (CSV) files. B. Match types are exported to a .zip folder. C. Import can update match types with Approved status only. D. Import can update match types with Pending status only.

Correct Answer: A,D

Question 4

Which statement is FALSE about reconciliations that use the Transaction Matching Only reconciliation method?

A. They display in both the Reconciliations list and the Matching list. B. They do not participate in period-end compliance workflow. C. They do not need to be created for periods. D. You must create profiles for them.

Correct Answer: D

Question 5

Which statement is true about saved filters?

A. Only power users and service administrators can publish filters. B. Only service administrators can publish filters. C. Saved Filters are public by default. D. Any user can publish a saved filter that they created.

Correct Answer: C

Question 6

Which is NOT a step in configuring journals in Transaction Matching?

A. create journal columns B. map journal columns to data source attribute columns C. define data source filters D. create journal templates

Correct Answer: D

Question 7

Which statement is FALSE of teams?

A. A user can belong to more than one team. B. A team can have another team as a member. C. Teams can be assigned a primary user. D. Teams are assigned to profiles on the Workflow tab.

Correct Answer: D

Question 8

Which statement is always true of data loads from Data Management?

A. You must select either Actual or Budget as the scenario for the data. B. If there is no change in the balance, the reconciliation is not updated. C. Only users with the administrator role can run data loads. D. You cannot load data into reconciliations with a status of Closed.

Correct Answer: A

Oracle Account Reconciliation 2022 Implementation Professional - 1z0-1087-22 Exam Practice Test