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Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Administration and Security | - Explain security roles and access control - Describe system settings and configurations - Manage integration with EPM Cloud |
| Transaction Matching | - Manage Data Sources and Attributes - Explain the matching process and exception handling - Configure matching rules and formats - Explain Transaction Matching concepts |
| Account Reconciliation Overview | - Explain the features of Account Reconciliation - Describe key concepts like Reconciliation Types, Compliance, and Balances - Describe the reconciliation process |
| Configuring Reconciliation Compliance | - Manage periods and organizational units - Explain rules and conditions - Set up formats and profiles |
| Reconciling Accounts | - Create and manage Reconciliations - Explain data loads for Reconciliations - Describe transactions and matching - Describe Auto Reconciliation |
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
To which do you assign default currencies?
- A. organizational units
- B. currency buckets
- C. account ids
- D. formats
Correct Answer: B 🗳️
Which two conditions can make a profile invalid? (Choose two.)
- A. No preparer is assigned on the Workflow tab.
- B. Aging limits have not been specified.
- C. No currency buckets are enabled.
- D. The Normal Balance setting does not match the account type.
Correct Answer: A,D 🗳️
Which three types of reconciliations are suitable for the Transaction Matching feature? (Choose three.)
- A. reconciliations that are typically zero balance accounts with low activity
- B. accounts with high volumes of data
- C. reconciliations with a single data source, like a clearing account
- D. reconciliations with 2 or more data sources, like a cash or accounts receivable account
- E. reconciliations that have amortizing transactions
Correct Answer: A,C,D 🗳️
In which location do you configure rules for reconciliation compliance transactions?
- A. Reconciliation
- B. Match Type
- C. Format
- D. Profile
Correct Answer: C 🗳️
Which two statements are true about match types with Pending status?
- A. You can perform matching on reconciliations for the match type.
- B. You cannot edit the matching rules.
- C. You can load data to Pending reconciliations for the match type.
- D. You can edit the data sources attributes.
Correct Answer: A,C 🗳️
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