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Oracle 1z0-1087-23 Exam Syllabus Topics:

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. You are a preparer with the User role and you are going on vacation.
How can you assign responsibility for reconciliations currently open with you to the backup preparer?

A) Click the Release button in the reconciliations to release it to the other team members.
B) In the Actions menu of the reconciliations, select Request Reassignment.
C) In the Workflow tab of the reconciliations, select a backup preparer in the Backup Preparer field.
D) In User Preferences, change your status to Out of Office.

2. Which transaction matching method is used to match the transactions between two systems if period-end
reconciliation is not the objective?

A) Transaction Matching Only
B) Variance Analysis with Transaction Matching
C) Account Analysis with Transaction Matching
D) Balance Comparison with Transaction Matching

3. Which two rule types are available in profiles? (Choose two.)

A) Delete Reconciliation
B) Flag As Needs Attention
C) Require Reconciliation Attachment
D) Auto Approve Reconciliation
E) Copy Transactions from Prior Reconciliation

4. To which do you assign Holiday Rules?

A) calendars
B) profiles
C) periods
D) organizational units

5. Which statement is FALSE about Summary reconciliations?

A) The Unexplained Difference on the Balance Summary tab shows the total unexplained difference for all the child reconciliations.
B) Summary reconciliations include other individual reconciliations as children.
C) You can select Show All on the Balance Summary tab to view balances for the child reconciliations.
D) The Group Detail tab shows transactions for the sub segments.

Solutions: