Oracle Account Reconciliation 2023 Implementation Professional : 1z0-1087-23 valid dumps

1z0-1087-23 real exams

Exam Code: 1z0-1087-23

Exam Name: Oracle Account Reconciliation 2023 Implementation Professional

Updated: Nov 21, 2024

Q & A: 81 Questions and Answers

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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

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

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


2. Which statement is true about saved filters?

A) Any user can publish a saved filter that they created.
B) Only power users and service administrators can publish filters.
C) Only service administrators can publish filters.
D) Saved Filters are public by default.


3. Which expression do you include in the Expression field of the Amount column in an import format to ensure
that zero balances are loaded?

A) NZP
B) Include Null
C) Source system
D) 0


4. How can you configure a profile for reconciliation compliance to show the variance between a current period
balance and a prior period balance in a separate workflow from the reconciliation?

A) Create a calculated attribute to compare the prior period balance to the current period balance and add it to the profile.
B) Add a rule to the Rules tab.
C) Select a format with the Variance Analysis reconciliation method for the profile.
D) On the currency tab, enable a currency bucket for that prior period balance.


5. When can you run auto-matching for a transaction matching reconciliation?

A) after you load transactions to the reconciliation data sources
B) after the reconciliation status changes to Open With Preparer
C) after the reconciliation meets its start date
D) after the period end date is reached


Solutions:

Question # 1
Answer: A,B,C
Question # 2
Answer: D
Question # 3
Answer: A
Question # 4
Answer: C
Question # 5
Answer: A

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