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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. 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.

2. Where do you navigate to configure power users access to profiles?

A) under Application, select Configuration, and then System Settings
B) under Application, select Configuration, and then Profile Segments
C) under Application, select Profiles
D) under Tools, select Access Control, then Power User Security

3. Which two are tasks you can perform when confirming suggested matches with adjustments in the Suggested
Matches list? (Choose two.)

A) Select an Adjustment Type.
B) Enter an adjustment amount.
C) Enter a date for the adjustment.
D) Select the data source to adjust.

4. A profile's properties have been modified and the changes saved. Which statement is correct?

A) Existing reconciliations with Pending or Open With Preparer status that use the profile are updated with
the changes.
B) Existing reconciliations that use the profile are not updated.
C) Existing reconciliations with Pending status that use the profile are updated with the changes.
D) Existing reconciliations that use the profile are updated after approval by a system administrator.

5. Which two conditions can make a profile invalid? (Choose two.)

A) No preparer is assigned on the Workflow tab.
B) The Normal Balance setting does not match the account type.
C) No currency buckets are enabled.
D) Aging limits have not been specified.

Solutions:

Question # 1 Answer: A,C

Question # 2 Answer: A

Question # 3 Answer: A,D

Question # 4 Answer: A

Question # 5 Answer: A,B