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Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Troubleshooting | - Reporting capabilities
|
| Topic 2: Oracle Account Reconciliation Cloud Service Overview | - Core concepts of Account Reconciliation Cloud (ARCS)
|
| Topic 3: Workflow and Controls | - Workflow management
|
| Topic 4: Integration and Data Management | - Maintenance and automation
|
| Topic 5: Configuration and Setup | - Reconciliation configuration
|
| Topic 6: Reconciliation Process Management | - Transaction matching
|
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
1. Which two are matching rule types?
A) Adjustment
B) Suggested Match
C) Matches with Tolerance
D) Matches Exactly
E) One to One
2. In which row does an unmatched transaction with an accounting date of April 30th display in the period-end
reconciliation for May 31?
A) Unmatched
B) Unmatched Supported
C) Matched In Transit
D) It is excluded from the report
3. Which two are tasks you can perform when confirming suggested matches with adjustments in the Suggested
Matches list? (Choose two.)
A) Select an Adjustment Type.
B) Select the data source to adjust.
C) Enter a date for the adjustment.
D) Enter an adjustment amount.
4. Which two statements are true about importing and exporting match types? (Choose two.)
A) Import can update match types with Approved status only.
B) Match types are exported to comma-separated (CSV) files.
C) Match types are exported to a .zip folder.
D) Import can update match types with Pending status only.
5. Which three types of reconciliations are suitable for the Transaction Matching feature? (Choose three.)
A) accounts with high volumes of data
B) reconciliations with a single data source, like a clearing account
C) reconciliations with 2 or more data sources, like a cash or accounts receivable account
D) reconciliations that have amortizing transactions
E) reconciliations that are typically zero balance accounts with low activity
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: B | Question # 3 Answer: A,B | Question # 4 Answer: B,D | Question # 5 Answer: B,C,E |
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