Exam Name: Oracle Account Reconciliation 2023 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Cloud
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Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Configuring Reconciliation Compliance | 25% | - Create and manage profiles - Set up calendars and periods - Create and manage formats - Define teams and workflow assignments |
| Topic 2: Configuring Transaction Matching | 15% | - Run auto-match and confirm results - Create match types and data sources - Define matching rules and processes - Export adjustments and journals |
| Topic 3: Overview and Navigation | 10% | - Navigate the application interface - Describe reconciliation methods - Explain user roles and access control |
| Topic 4: Creating and Managing Rules | 15% | - Configure validation and alert rules - Apply rules to formats and profiles - Add calculated attributes and filters |
| Topic 5: Loading and Managing Data | 15% | - Use EPM Automate and REST APIs - Import via Data Management and Data Integration - Load balances and transactions |
| Topic 6: Managing Reconciliations | 20% | - Create different reconciliation types - Review, approve, reject and reopen reconciliations - Use summary and group reconciliations - Manage period status and reconciliation lifecycle |
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
Which statement is true about saved filters?
- A. Only service administrators can publish filters.
- B. Only power users and service administrators can publish filters.
- C. Any user can publish a saved filter that they created.
- D. Saved Filters are public by default.
Correct Answer: D 🗳️
An error occurs during an import transactions job for a match type. What is the result of the job?
- A. The job deletes all match type transactions, and the job status is set to Failed and Deleted,
- B. Successfully imported transactions are committed to the system, failed transactions are logged, and the
job status is set to Completed with Errors. - C. The entire import is rolled back, and the job status is set to Failed.
- D. The transactions are not imported, the match type is locked, and the job status it set to Failed and Locked.
Correct Answer: B 🗳️
What results if you load balances using Data Management to a period to which you previously imported pre-
mapped balances?
- A. The Data Management data load fails.
- B. You are prompted whether to overwrite the pre-mapped balances.
- C. The balances loaded through Data Management overwrite the pre-mapped balances.
- D. The reconciliation takes the balances loaded through Data Management and the pre-mapped balance load, and totals them.
Correct Answer: C 🗳️
Which is the minimum user security role required to edit profiles?
- A. User
- B. Viewer
- C. Service Administrator
- D. Power User
Correct Answer: A 🗳️
Which statement is FALSE regarding user-defined attributes?
- A. They can include calculated values.
- B. They can be added to formats, profiles, and transactions.
- C. You can no longer add/edit attributes after reconciliations are created.
- D. You can assign access to attributes by user role.
Correct Answer: C 🗳️
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