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Oracle 1z0-1087-23 Exam Syllabus Topics:

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which is NOT a step in configuring journals in Transaction Matching?

A) create journal templates
B) define data source filters
C) create journal columns
D) map journal columns to data source attribute columns

2. Which two conditions can make a profile invalid? (Choose two.)

A) No currency buckets are enabled.
B) Aging limits have not been specified.
C) No preparer is assigned on the Workflow tab.
D) The Normal Balance setting does not match the account type.

3. You want the holidays to be skipped when scheduling due dates for reconciliations for an organizational unit.
What should you do?

A) Edit the due date in the reconciliations for the organizational unit.
B) Add a rule to the Rules tab of the profiles for the reconciliations.
C) Create a holiday rule and assign it to the organizational unit.
D) Create a calendar and assign it to the organizational unit.

4. You are creating a matching rule, and you want transactions that are within the specified tolerance range to be
matched automatically, with no need for further user review.
Which option should you choose for the Match Status?

A) Auto Submit
B) Confirmed
C) Auto Approve
D) Suggested

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

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

Solutions: