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Oracle 1z0-1087-23 Exam Syllabus Topics:

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

Question 1

To which do you assign Holiday Rules?

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

Question 2

Which statement about journals in transaction matching is FALSE?

A. For transactions, you can apply a data source filter to the export.
B. You create separate journal columns for each match type.
C. For adjustments, the variance amount is exported to the Amount column.
D. You create separate journal column mappings for adjustments and transactions.

Question 3

Which three types of reconciliations are suitable for the Transaction Matching feature? (Choose three.)

A. reconciliations that have amortizing transactions
B. reconciliations that are typically zero balance accounts with low activity
C. accounts with high volumes of data
D. reconciliations with a single data source, like a clearing account
E. reconciliations with 2 or more data sources, like a cash or accounts receivable account

Question 4

Which two statements are true about reconciliation compliance filters?

A. They can be used by the rules engine.
B. You can apply them against unmatched transactions.
C. They allow you to save columns to view records on the screen.
D. They can control the records that you see in the list views.

Question 5

Which reconciliation method is appropriate for a prepaid insurance reconciliation that explains the current
month balance?

A. Transaction Matching
B. Account Analysis
C. Variance Analysis
D. Balance Comparison

Solutions: