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Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Configuration and Setup | - Reconciliation configuration
|
| Workflow and Controls | - Audit and compliance
|
| Reporting and Troubleshooting | - System troubleshooting
|
| Integration and Data Management | - Maintenance and automation
|
| Reconciliation Process Management | - Transaction matching
|
| Oracle Account Reconciliation Cloud Service Overview | - Core concepts of Account Reconciliation Cloud (ARCS)
|
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
Which two are tasks you can perform when confirming suggested matches with adjustments in the Suggested
Matches list? (Choose two.)
- A. Enter a date for the adjustment.
- B. Select an Adjustment Type.
- C. Enter an adjustment amount.
- D. Select the data source to adjust.
Correct Answer: B,D 🗳️
You want the holidays to be skipped when scheduling due dates for reconciliations for an organizational unit.
What should you do?
- A. Create a holiday rule and assign it to the organizational unit.
- B. Create a calendar and assign it to the organizational unit.
- C. Edit the due date in the reconciliations for the organizational unit.
- D. Add a rule to the Rules tab of the profiles for the reconciliations.
Correct Answer: A 🗳️
Which statement about manual matching in transaction matching is FALSE?
- A. You can manually match transactions only if the amounts are within the tolerance.
- B. You can create adjustments to balance a match set.
- C. You must be a power user or service administrator to create manual matches.
- D. Transactions for which auto-matching rules did not find matches can be manually matched.
Correct Answer: A 🗳️
Which statement is FALSE about reconciliations that use the Transaction Matching Only reconciliation
method?
- A. They do not participate in period-end compliance workflow.
- B. They do not need to be created for periods.
- C. You must create profiles for them.
- D. They display in both the Reconciliations list and the Matching list.
Correct Answer: C 🗳️
Which two tasks can be performed using EPM Automate?
- A. Set period status.
- B. Import match types.
- C. Export journals.
- D. Load pre-mapped balances.
Correct Answer: B,C 🗳️
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