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Oracle 1z0-1087-23 Exam Syllabus Topics:

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which statement about rules is FALSE?

A) Profiles inherit rules from their formats.
B) You can use a saved filter as the condition in a rule.
C) A profile can have a maximum of three rules.
D) A rule can set a reconciliation attribute to a specified value when the rule conditions are met.

2. Which property of profiles is set automatically when you select the format for the profile?

A) Process
B) Method
C) Account Type
D) Normal Balance

3. Which statement is FALSE about reconciliations that use the Transaction Matching Only reconciliation
method?

A) You must create profiles for them.
B) They do not participate in period-end compliance workflow.
C) They do not need to be created for periods.
D) They display in both the Reconciliations list and the Matching list.

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

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

5. A team has been assigned as the preparer for a reconciliation, and one team member is designated as the
primary user.
What characterizes the primary user?

A) The system automatically re-assigned the reconciliation to the primary user when the current preparer is
out of the office.
B) The primary user must approve the reconciliation before the preparer submits the reconciliation.
C) The system automatically claims the reconciliation for the primary use when the reconciliation status changes to Open (with preparer).
D) The primary user can edit the reconciliation properties.

Solutions: