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Oracle 1z0-1087-23 Exam Syllabus Topics:

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

Question 1

Which is true when you reopen a reconciliation?

A. It reopens to the service administrator.
B. It reopens to the last reviewer.
C. It reopens to the preparer.
D. You select the role to which it reopens to.

Question 2

You are using EPM Automate commands to automate data load to Account Reconciliation.
In which scenario should you use EPM Automate to load the data through Data Management rather than
directly into Account Reconciliation?

A. Your data includes fields with blank values.
B. You are loading more than 1000 transactions.
C. You want to import one concatenated field from the source file, rather than two separate fields.
D. You are loading data to the Reporting currency bucket.

Question 3

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

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

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

Question 5

Which statement is true regarding the Normal Balance attribute in a profile?

A. When it is selected, reconciliations display a warning if their balance is zero.
B. Preparers cannot save a reconciliation if the balance type is other than expected.
C. It is assigned automatically based on the account type.
D. Reconciliations display a warning if the balance type is other than expected.

Solutions: