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Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reconciliation Process Management | - Transaction matching
|
| Topic 2: Configuration and Setup | - System configuration
|
| Topic 3: Workflow and Controls | - Audit and compliance
|
| Topic 4: Integration and Data Management | - Data integration
|
| Topic 5: Oracle Account Reconciliation Cloud Service Overview | - Core concepts of Account Reconciliation Cloud (ARCS)
|
| Topic 6: Reporting and Troubleshooting | - System troubleshooting
|
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
Which two auto-reconciliation methods for reconciliations use the Account Analysis format?
- A. Zero activity
- B. Balance is zero
- C. Balance is normal
- D. Unexplained difference is zero
- E. No transactions
Correct Answer: B,D 🗳️
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 profile for Prepaid Expenses reconciliations, select 'Include Prior Period Transactions'.
- C. Export the transactions from the prior period reconciliation and then import them to the current period reconciliation.
- D. In the Reconciliations list, copy the reconciliation from the prior period and paste it into the current
period.
Correct Answer: B 🗳️
Which statement is FALSE regarding user-defined attributes?
- A. You can no longer add/edit attributes after reconciliations are created.
- B. You can assign access to attributes by user role.
- C. They can be added to formats, profiles, and transactions.
- D. They can include calculated values.
Correct Answer: A 🗳️
The transaction matching period-end reconciliation displays an unexplained difference other than zero. Which
two are possible explanations? (Choose two.)
- A. The data load for transactions was incomplete.
- B. Journal adjustments created were not posted.
- C. Currency exchanges rates are out of date.
- D. You do not have security access to all the transactions.
Correct Answer: B,D 🗳️
Which two statements are true about reconciliation compliance filters?
- A. They allow you to save columns to view records on the screen.
- B. They can control the records that you see in the list views.
- C. You can apply them against unmatched transactions.
- D. They can be used by the rules engine.
Correct Answer: A,D 🗳️
