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Oracle 1z0-1087-23 Exam Syllabus Topics:

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. For which scenario could a match type with a single data source be appropriate?

A) variance analysis for current and prior period balances
B) intercompany matching
C) matching credits and debits for a clearing account
D) matching bank and point-of-sale transactions

2. Which two are matching rule types?

A) Suggested Match
B) Matches with Tolerance
C) One to One
D) Adjustment
E) Matches Exactly

3. Which expression do you include in the Expression field of the Amount column in an import format to ensure
that zero balances are loaded?

A) NZP
B) 0
C) Include Null
D) Source system

4. A team has been assigned as the preparer for a reconciliation, and one team member is designated as the
primary user.
What characterizes the primary user?

A) The primary user can edit the reconciliation properties.
B) The primary user must approve the reconciliation before the preparer submits the reconciliation.
C) The system automatically claims the reconciliation for the primary use when the reconciliation status changes to Open (with preparer).
D) The system automatically re-assigned the reconciliation to the primary user when the current preparer is
out of the office.

5. 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) The balances for quarterly reconciliations aggregate the balances from monthly reconciliations.
C) You cannot create reconciliations for profiles with transaction matching reconciliation methods for
quarterly periods.
D) They must be assigned a quarterly calendar.

Solutions: