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

2. 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) The reconciliation is flagged as invalid and needs to be re-created by the administrator.
B) Changes made by the deleted member are reassigned to the primary member of the team for review and
approval,
C) Changes made by the deleted member are kept intact and the deleted member still appears as the original preparer.
D) Changes made by the deleted member are reverted and the deleted member is removed from the
reconciliation as preparer.

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

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

4. Which statement about rules is FALSE?

A) Profiles inherit rules from their formats.
B) A profile can have a maximum of three rules.
C) A rule can set a reconciliation attribute to a specified value when the rule conditions are met.
D) You can use a saved filter as the condition in a rule.

5. A team has been assigned as the preparer for a reconciliation, and one team member is designated as the
primary user.
What characterizes the primary user?

A) The system automatically re-assigned the reconciliation to the primary user when the current preparer is
out of the office.
B) The primary user can edit the reconciliation properties.
C) The system automatically claims the reconciliation for the primary use when the reconciliation status changes to Open (with preparer).
D) The primary user must approve the reconciliation before the preparer submits the reconciliation.

Solutions: