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Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Configuring Reconciliation Compliance | - Explain rules and conditions - Set up formats and profiles - Manage periods and organizational units |
| Reconciling Accounts | - Describe transactions and matching - Explain data loads for Reconciliations - Describe Auto Reconciliation - Create and manage Reconciliations |
| Administration and Security | - Describe system settings and configurations - Manage integration with EPM Cloud - Explain security roles and access control |
| Transaction Matching | - Manage Data Sources and Attributes - Explain the matching process and exception handling - Configure matching rules and formats - Explain Transaction Matching concepts |
| Account Reconciliation Overview | - Describe key concepts like Reconciliation Types, Compliance, and Balances - Explain the features of Account Reconciliation - Describe the reconciliation process |
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 statement about manual matching in transaction matching is FALSE?
A) Transactions for which auto-matching rules did not find matches can be manually matched.
B) You can manually match transactions only if the amounts are within the tolerance.
C) You must be a power user or service administrator to create manual matches.
D) You can create adjustments to balance a match set.
3. 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) Your data includes fields with blank values.
B) You are loading more than 1000 transactions.
C) You want to import one concatenated field from the source file, rather than two separate fields.
D) You are loading data to the Reporting currency bucket.
4. Which statement about rules is FALSE?
A) A profile can have a maximum of three rules.
B) A rule can set a reconciliation attribute to a specified value when the rule conditions are met.
C) Profiles inherit rules from their formats.
D) You can use a saved filter as the condition in a rule.
5. Which is required for a valid profile?
A) at least one rule
B) at least one question
C) at least one currency bucket
D) at least one level of review
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: C |
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