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Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Configuring Reconciliation Compliance | 25% | - Set up calendars and periods - Create and manage formats - Define teams and workflow assignments - Create and manage profiles |
| Creating and Managing Rules | 15% | - Configure validation and alert rules - Apply rules to formats and profiles - Add calculated attributes and filters |
| Configuring Transaction Matching | 15% | - Create match types and data sources - Run auto-match and confirm results - Export adjustments and journals - Define matching rules and processes |
| Loading and Managing Data | 15% | - Use EPM Automate and REST APIs - Import via Data Management and Data Integration - Load balances and transactions |
| Overview and Navigation | 10% | - Describe reconciliation methods - Explain user roles and access control - Navigate the application interface |
| Managing Reconciliations | 20% | - Manage period status and reconciliation lifecycle - Review, approve, reject and reopen reconciliations - Create different reconciliation types - Use summary and group reconciliations |
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
1. To which do you assign default currencies?
A) formats
B) account ids
C) currency buckets
D) organizational units
2. Which two are matching rule types?
A) Matches with Tolerance
B) Adjustment
C) Suggested Match
D) One to One
E) Matches Exactly
3. Which statement about manual matching in transaction matching is FALSE?
A) You can create adjustments to balance a match set.
B) Transactions for which auto-matching rules did not find matches can be manually matched.
C) You must be a power user or service administrator to create manual matches.
D) You can manually match transactions only if the amounts are within the tolerance.
4. You are using EPM Automate commands to automate data load to Account Reconciliation.
In which scenario should you use EPM Automate to load the data through Data Management rather than
directly into Account Reconciliation?
A) You want to import one concatenated field from the source file, rather than two separate fields.
B) Your data includes fields with blank values.
C) You are loading more than 1000 transactions.
D) You are loading data to the Reporting currency bucket.
5. Which statement is FALSE about the profile segments?
A) You cannot change the profile segments after you have loaded profiles.
B) The profile segments are configured as part of the system attributes,
C) The profile segments specify the level at which the organization reconcile account balances.
D) The profile segments control the mapping of balances to reconciliations.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B,C | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: C |
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