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Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Account Reconciliation Overview | - Describe key concepts like Reconciliation Types, Compliance, and Balances - Explain the features of Account Reconciliation - Describe the reconciliation process |
| Topic 2: Transaction Matching | - Explain Transaction Matching concepts - Manage Data Sources and Attributes - Explain the matching process and exception handling - Configure matching rules and formats |
| Topic 3: Reconciling Accounts | - Create and manage Reconciliations - Explain data loads for Reconciliations - Describe transactions and matching - Describe Auto Reconciliation |
| Topic 4: Administration and Security | - Manage integration with EPM Cloud - Explain security roles and access control - Describe system settings and configurations |
| Topic 5: Configuring Reconciliation Compliance | - Set up formats and profiles - Manage periods and organizational units - Explain rules and conditions |
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
Question #1
Which two options indicate the minimum and respectively the maximum number of currency buckets you can
enable? (Choose two.)
A. two
B. one
C. three
D. four
Question #2
What happens when you load balances to a reconciliation with the status Closed or Open With Reviewer and
the balance is different than what was already Certified?
A. The status is unchanged but a notification is sent to the related users.
B. The status reverts to Open with Preparer.
C. The status reverts to Pending.
D. The import fails.
Question #3
Which statement is always true of data loads from Data Management?
A. Only users with the administrator role can run data loads.
B. You cannot load data into reconciliations with a status of Closed.
C. If there is no change in the balance, the reconciliation is not updated.
D. You must select either Actual or Budget as the scenario for the data.
Question #4
Which is required for a valid profile?
A. at least one question
B. at least one currency bucket
C. at least one rule
D. at least one level of review
Question #5
Which two are tasks you can perform when confirming suggested matches with adjustments in the Suggested
Matches list? (Choose two.)
A. Select the data source to adjust.
B. Select an Adjustment Type.
C. Enter an adjustment amount.
D. Enter a date for the adjustment.
Solutions:
| Question #1 Answer: B,C | Question #2 Answer: B | Question #3 Answer: D | Question #4 Answer: B | Question #5 Answer: A,B |


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