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Exam Code: 1z0-1087-23

Exam Name: Oracle Account Reconciliation 2023 Implementation Professional

Updated: May 02, 2025

Q & A: 81 Questions and Answers

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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. To which do you assign Holiday Rules?

A) calendars
B) organizational units
C) periods
D) profiles


2. 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) reconciliations with 2 or more data sources, like a cash or accounts receivable account
C) reconciliations with a single data source, like a clearing account
D) accounts with high volumes of data
E) reconciliations that have amortizing transactions


3. Which two statements are correct about deleting reconciliations? (Choose two.)

A) Only the preparer of the reconciliation can delete the reconciliation.
B) Only a Service Administrator or a Power User can delete a reconciliation.
C) The balances loaded for a period are not deleted when the reconciliation is deleted.
D) The reconciliation status must be Pending.


4. When can you run auto-matching for a transaction matching reconciliation?

A) after you load transactions to the reconciliation data sources
B) after the reconciliation status changes to Open With Preparer
C) after the reconciliation meets its start date
D) after the period end date is reached


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 control the mapping of balances to reconciliations.
C) The profile segments specify the level at which the organization reconcile account balances.
D) You cannot change the profile segments after you have loaded profiles.


Solutions:

Question # 1
Answer: A
Question # 2
Answer: A,B,C
Question # 3
Answer: A,C
Question # 4
Answer: A
Question # 5
Answer: C

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