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Oracle 1z0-1087-23 Exam Syllabus Topics:

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. A profile's properties have been modified and the changes saved. Which statement is correct?

A) Existing reconciliations that use the profile are updated after approval by a system administrator.
B) Existing reconciliations that use the profile are not updated.
C) Existing reconciliations with Pending status that use the profile are updated with the changes.
D) Existing reconciliations with Pending or Open With Preparer status that use the profile are updated with
the changes.

2. Which statement is true for profiles that have a Quarterly frequency selected?

A) You can create reconciliations for those profiles only in periods that have Quarterly frequency selected.
B) They must be assigned a quarterly calendar.
C) The balances for quarterly reconciliations aggregate the balances from monthly reconciliations.
D) You cannot create reconciliations for profiles with transaction matching reconciliation methods for
quarterly periods.

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

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

4. In a reconciliation profile, the Account Payable Reviewers team is assigned as the reviewer, and you want to
require that ALL team members approve the reconciliation.
Which action should you perform?

A) Add a rule of the type Require Team Review to the Rules tab.
B) Do not select a Primary User for the Account Payable Reviewers team.
C) On the Workflow tab of the Profile, select All Reviewers in the Require Action By field.
D) In the Instructions tab of the profile, add instructions for all team members to review the reconciliation.

5. Which two attribute types are required for each data source? (Choose two.)

A) Key Field
B) Balancing Attribute
C) Calculation
D) Accounting Date

Solutions: