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Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Configuring Transaction Matching | 15% | - Run auto-match and confirm results - Export adjustments and journals - Define matching rules and processes - Create match types and data sources |
| Overview and Navigation | 10% | - Explain user roles and access control - Navigate the application interface - Describe reconciliation methods |
| Configuring Reconciliation Compliance | 25% | - Create and manage formats - Set up calendars and periods - Define teams and workflow assignments - Create and manage profiles |
| Loading and Managing Data | 15% | - Use EPM Automate and REST APIs - Load balances and transactions - Import via Data Management and Data Integration |
| Creating and Managing Rules | 15% | - Apply rules to formats and profiles - Configure validation and alert rules - Add calculated attributes and filters |
| Managing Reconciliations | 20% | - Create different reconciliation types - Manage period status and reconciliation lifecycle - Use summary and group reconciliations - Review, approve, reject and reopen reconciliations |
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
You want to load balances for both the Entered currency bucket and the Functional currency bucket in a single
data load.
Which tool should you use?
- A. 'Import pre-mapped balances' option in the Periods page
- B. Data Management data load rule
- C. Smart View
- D. Supplemental Data Management form
Correct Answer: B 🗳️
Which is NOT a step in the process for reconciliation compliance?
- A. prepare reconciliations
- B. execute automation like Automatic Recon and Rules
- C. load balances
- D. confirm suggested matches
Correct Answer: D 🗳️
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. Confirmed
- B. Suggested
- C. Auto Approve
- D. Auto Submit
Correct Answer: C 🗳️
When can you run auto-matching for a transaction matching reconciliation?
- A. after the period end date is reached
- B. after you load transactions to the reconciliation data sources
- C. after the reconciliation meets its start date
- D. after the reconciliation status changes to Open With Preparer
Correct Answer: B 🗳️
Which statement about loading pre-mapped balances is FALSE?
- A. You can drill back to the ERP from the reconciliation screen.
- B. You must select a currency bucket for the import.
- C. You can import from either tab separated or comma separated files.
- D. You must select a period to which to load the balances.
Correct Answer: A 🗳️
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