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Oracle 1z0-1087-23 Exam Syllabus Topics:

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which reconciliation method is appropriate for a prepaid insurance reconciliation that explains the current
month balance?

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

2. Which statement is FALSE regarding user-defined attributes?

A) You can assign access to attributes by user role.
B) They can include calculated values.
C) They can be added to formats, profiles, and transactions.
D) You can no longer add/edit attributes after reconciliations are created.

3. Which statement about loading pre-mapped balances is FALSE?

A) You can drill back to the ERP from the reconciliation screen.
B) You must select a period to which to load the balances.
C) You can import from either tab separated or comma separated files.
D) You must select a currency bucket for the import.

4. Which statement is FALSE about Summary reconciliations?

A) You can select Show All on the Balance Summary tab to view balances for the child reconciliations.
B) Summary reconciliations include other individual reconciliations as children.
C) The Group Detail tab shows transactions for the sub segments.
D) The Unexplained Difference on the Balance Summary tab shows the total unexplained difference for all the child reconciliations.

5. Which statement is FALSE about the profile segments?

A) The profile segments are configured as part of the system attributes,
B) The profile segments specify the level at which the organization reconcile account balances.
C) You cannot change the profile segments after you have loaded profiles.
D) The profile segments control the mapping of balances to reconciliations.

Solutions: