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Oracle 1z0-1087-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Reporting and Troubleshooting- Reporting capabilities
  • 1. Custom reporting and analytics
    • 2. Standard reconciliation reports
      - System troubleshooting
      • 1. Performance optimization basics
        • 2. Error handling and diagnostics
          Topic 2: Oracle Account Reconciliation Cloud Service Overview- Core concepts of Account Reconciliation Cloud (ARCS)
          • 1. Business purpose and use cases of ARCS
            • 2. Key components and architecture
              Topic 3: Workflow and Controls- Workflow management
              • 1. Reconciliation approval workflows
                • 2. Notifications and escalation rules
                  - Audit and compliance
                  • 1. Audit trail configuration
                    • 2. Control monitoring and reporting
                      Topic 4: Integration and Data Management- Maintenance and automation
                      • 1. Automation scripts and rules
                        • 2. Scheduled data loads
                          - Data integration
                          • 1. Data mapping and transformation
                            • 2. Importing data from ERP systems
                              Topic 5: Configuration and Setup- Reconciliation configuration
                              • 1. Matching rules configuration
                                • 2. Reconciliation formats and profiles
                                  - System configuration
                                  • 1. Setup of applications and profiles
                                    • 2. Security roles and access management
                                      Topic 6: Reconciliation Process Management- Transaction matching
                                      • 1. Matching rule optimization
                                        • 2. Auto-match and manual match processes
                                          - Balance reconciliation
                                          • 1. Variance analysis and adjustment handling
                                            • 2. Account certification workflow

                                              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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