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Oracle 1z0-1087-23 Exam Syllabus Topics:

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which two statements are correct about deleting reconciliations? (Choose two.)

A) The balances loaded for a period are not deleted when the reconciliation is deleted.
B) Only a Service Administrator or a Power User can delete a reconciliation.
C) The reconciliation status must be Pending.
D) Only the preparer of the reconciliation can delete the reconciliation.

2. Which statement about journals in transaction matching is FALSE?

A) For adjustments, the variance amount is exported to the Amount column.
B) For transactions, you can apply a data source filter to the export.
C) You create separate journal columns for each match type.
D) You create separate journal column mappings for adjustments and transactions.

3. Which is required for a valid profile?

A) at least one question
B) at least one currency bucket
C) at least one rule
D) at least one level of review

4. In the Balance Explanations tab of the Prepaid Expenses reconciliation, you want to include the transactions
and attachments from the prior period in the current period.
Which action should you perform?

A) In the Balance Explanations tab of the current period reconciliation, select 'Copy Transactions from
Prior Reconciliation'.
B) In the Reconciliations list, copy the reconciliation from the prior period and paste it into the current
period.
C) In the profile for Prepaid Expenses reconciliations, select 'Include Prior Period Transactions'.
D) Export the transactions from the prior period reconciliation and then import them to the current period reconciliation.

5. Which statement is FALSE about reconciliations when the period is Closed?

A) Reviewers can approve reconciliations under review.
B) Preparers can submit reconciliations with Open status.
C) You can load data to reconciliations for the period.
D) Reconciliations with Pending status can start.

Solutions: