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 |
|---|---|---|
| Loading and Managing Data | 15% | - Use EPM Automate and REST APIs - Import via Data Management and Data Integration - Load balances and transactions |
| Configuring Transaction Matching | 15% | - Create match types and data sources - Define matching rules and processes - Export adjustments and journals - Run auto-match and confirm results |
| Overview and Navigation | 10% | - Navigate the application interface - Describe reconciliation methods - Explain user roles and access control |
| Managing Reconciliations | 20% | - Manage period status and reconciliation lifecycle - Create different reconciliation types - Review, approve, reject and reopen reconciliations - Use summary and group reconciliations |
| Configuring Reconciliation Compliance | 25% | - Set up calendars and periods - Create and manage formats - Define teams and workflow assignments - Create and manage profiles |
| Creating and Managing Rules | 15% | - Add calculated attributes and filters - Configure validation and alert rules - Apply rules to formats and profiles |
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
Which statement is true regarding the Normal Balance attribute in a profile?
- A. When it is selected, reconciliations display a warning if their balance is zero.
- B. Preparers cannot save a reconciliation if the balance type is other than expected.
- C. It is assigned automatically based on the account type.
- D. Reconciliations display a warning if the balance type is other than expected.
Correct Answer: D 🗳️
Which ability does NOT belong to users with the Power User role?
- A. edit formats to which they are assigned access
- B. prepare reconciliations
- C. review reconciliations
- D. edit profiles to which they are assigned access
Correct Answer: A 🗳️
Which keyword in a Teams import file identifies the section with the team members?
- A. #team_children
- B. #team
- C. #dependents
- D. #team_items
Correct Answer: B 🗳️
Which three statements are true about importing transaction matching transactions from the Jobs page?
(Choose three.)
- A. You can import transactions to a match type only if its status is Pending.
- B. Auto-match can run automatically after the import is finished.
- C. You select a separate load file for each data source.
- D. You must select a match type for the import.
- E. You can select comma or tab for delimiter, or enter a user-defined delimiter.
Correct Answer: A,B,D 🗳️
When a user requests that responsibility for a reconciliation be reassigned to John, who is another regular user,
John should be able to approve the request.
How can this be configured?
- A. On the Reassignment Requests tab in System Settings, in the Allow Reassignment Request Approval By
option, select Users. - B. Add John to the Reassignment Approvers security group.
- C. On the Manage Users tab of the Access Control page, assign John the Reassignment Approvers role.
- D. In his User Preferences, John should select the Approve Reassignments option.
Correct Answer: A 🗳️
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