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Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reconciling Accounts | - Describe Auto Reconciliation - Explain data loads for Reconciliations - Create and manage Reconciliations - Describe transactions and matching |
| Account Reconciliation Overview | - Explain the features of Account Reconciliation - Describe the reconciliation process - Describe key concepts like Reconciliation Types, Compliance, and Balances |
| Configuring Reconciliation Compliance | - Manage periods and organizational units - Explain rules and conditions - Set up formats and profiles |
| Transaction Matching | - Explain Transaction Matching concepts - Manage Data Sources and Attributes - Configure matching rules and formats - Explain the matching process and exception handling |
| Administration and Security | - Describe system settings and configurations - Manage integration with EPM Cloud - Explain security roles and access control |
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
1. Which two are properties of the organizational unit? (Choose two.)
A) calendar
B) language
C) work days
D) tax jurisdiction
2. For which scenario could a match type with a single data source be appropriate?
A) matching bank and point-of-sale transactions
B) matching credits and debits for a clearing account
C) variance analysis for current and prior period balances
D) intercompany matching
3. Which two statements are true about reconciliation compliance filters?
A) You can apply them against unmatched transactions.
B) They allow you to save columns to view records on the screen.
C) They can control the records that you see in the list views.
D) They can be used by the rules engine.
4. Which statement is always true of data loads from Data Management?
A) Only users with the administrator role can run data loads.
B) If there is no change in the balance, the reconciliation is not updated.
C) You cannot load data into reconciliations with a status of Closed.
D) You must select either Actual or Budget as the scenario for the data.
5. Which is NOT a step in the process for reconciliation compliance?
A) confirm suggested matches
B) load balances
C) execute automation like Automatic Recon and Rules
D) prepare reconciliations
Solutions:
| Question # 1 Answer: A,C | Question # 2 Answer: B | Question # 3 Answer: B,D | Question # 4 Answer: D | Question # 5 Answer: A |
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