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Oracle 1z0-1087-23 Exam Syllabus Topics:

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

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

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

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

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

3. You want to require that preparers answer a question certifying that they followed the company accounting
policies in preparing the reconciliation.
Where do you add the questions?

A) to the match type
B) to the format
C) to the reconciliation
D) to the profile

4. Which two statements are true about reconciliation compliance filters?

A) You can apply them against unmatched transactions.
B) They allow you to save columns to view records on the screen.
C) They can control the records that you see in the list views.
D) They can be used by the rules engine.

5. In the Balance Explanations tab of the Prepaid Expenses reconciliation, you want to include the transactions
and attachments from the prior period in the current period.
Which action should you perform?

A) Export the transactions from the prior period reconciliation and then import them to the current period reconciliation.
B) In the profile for Prepaid Expenses reconciliations, select 'Include Prior Period Transactions'.
C) In the Balance Explanations tab of the current period reconciliation, select 'Copy Transactions from
Prior Reconciliation'.
D) In the Reconciliations list, copy the reconciliation from the prior period and paste it into the current
period.

Solutions: