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Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Loading and Managing Data | 15% | - Import via Data Management and Data Integration - Load balances and transactions - Use EPM Automate and REST APIs |
| Topic 2: Overview and Navigation | 10% | - Navigate the application interface - Describe reconciliation methods - Explain user roles and access control |
| Topic 3: Managing Reconciliations | 20% | - Use summary and group reconciliations - Manage period status and reconciliation lifecycle - Review, approve, reject and reopen reconciliations - Create different reconciliation types |
| Topic 4: Creating and Managing Rules | 15% | - Add calculated attributes and filters - Apply rules to formats and profiles - Configure validation and alert rules |
| Topic 5: Configuring Reconciliation Compliance | 25% | - Set up calendars and periods - Create and manage formats - Create and manage profiles - Define teams and workflow assignments |
| Topic 6: Configuring Transaction Matching | 15% | - Create match types and data sources - Export adjustments and journals - Define matching rules and processes - Run auto-match and confirm results |
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
1. Which two tasks can be performed using EPM Automate?
A) Load pre-mapped balances.
B) Set period status.
C) Import match types.
D) Export journals.
2. Which three fields are required in a load file for pre-mapped balances?
A) Amount
B) Currency Code
C) Currency Bucket
D) Period
E) Entity
F) Reconciliation ID
3. Which two statements are true about importing and exporting match types? (Choose two.)
A) Match types are exported to comma-separated (CSV) files.
B) Import can update match types with Approved status only.
C) Match types are exported to a .zip folder.
D) Import can update match types with Pending status only.
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. What happens to a reconciliation if a team member who prepared the reconciliation is deleted from the team at
a later point of time?
A) Changes made by the deleted member are reverted and the deleted member is removed from the
reconciliation as preparer.
B) Changes made by the deleted member are kept intact and the deleted member still appears as the original preparer.
C) Changes made by the deleted member are reassigned to the primary member of the team for review and
approval,
D) The reconciliation is flagged as invalid and needs to be re-created by the administrator.
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: A,B,F | Question # 3 Answer: A,D | Question # 4 Answer: A | Question # 5 Answer: B |
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