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Oracle 1z0-1087-23 Exam Syllabus Topics:

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

2. Which statement about journals in transaction matching is FALSE?

A) For transactions, you can apply a data source filter to the export.
B) You create separate journal column mappings for adjustments and transactions.
C) You create separate journal columns for each match type.
D) For adjustments, the variance amount is exported to the Amount column.

3. Which statement is FALSE about calendars?

A) Calendars set the dates and frequencies for each period.
B) An organizational unit can be assigned many calendars to enable reconciliations for different financial
dates.
C) One period may have many calendars to reflect different date configurations for the period.
D) Calendars are associated with periods and organizational units.

4. Which is NOT an attribute type for reconciliation compliance attributes?

A) Yes/No
B) True/False
C) Location
D) Number

5. Which two are properties of the organizational unit? (Choose two.)

A) work days
B) language
C) calendar
D) tax jurisdiction

Solutions: