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Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Overview and Navigation | 10% | - Explain user roles and access control - Describe reconciliation methods - Navigate the application interface |
| Topic 2: Managing Reconciliations | 20% | - Manage period status and reconciliation lifecycle - Use summary and group reconciliations - Create different reconciliation types - Review, approve, reject and reopen reconciliations |
| Topic 3: Loading and Managing Data | 15% | - Use EPM Automate and REST APIs - Import via Data Management and Data Integration - Load balances and transactions |
| Topic 4: Configuring Reconciliation Compliance | 25% | - Create and manage formats - Create and manage profiles - Set up calendars and periods - Define teams and workflow assignments |
| Topic 5: Configuring Transaction Matching | 15% | - Export adjustments and journals - Run auto-match and confirm results - Define matching rules and processes - Create match types and data sources |
| Topic 6: Creating and Managing Rules | 15% | - Apply rules to formats and profiles - Add calculated attributes and filters - Configure validation and alert rules |
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
1. Which is the minimum user security role required to edit profiles?
A) Service Administrator
B) Power User
C) User
D) Viewer
2. Which statement about manual matching in transaction matching is FALSE?
A) You can manually match transactions only if the amounts are within the tolerance.
B) You must be a power user or service administrator to create manual matches.
C) Transactions for which auto-matching rules did not find matches can be manually matched.
D) You can create adjustments to balance a match set.
3. An error occurs during an import transactions job for a match type. What is the result of the job?
A) The entire import is rolled back, and the job status is set to Failed.
B) The job deletes all match type transactions, and the job status is set to Failed and Deleted,
C) Successfully imported transactions are committed to the system, failed transactions are logged, and the
job status is set to Completed with Errors.
D) The transactions are not imported, the match type is locked, and the job status it set to Failed and Locked.
4. What happens when you load balances to a reconciliation with the status Closed or Open With Reviewer and
the balance is different than what was already Certified?
A) The status is unchanged but a notification is sent to the related users.
B) The status reverts to Open with Preparer.
C) The import fails.
D) The status reverts to Pending.
5. The objects within the match type refer to data sources, the data source attributes, the match processes, the
rules, and the rule conditions. Which statement is FALSE about importing a match type with the same name as
an existing match type?
A) New objects are created in the system from the objects in the import file if they do not exist.
B) Objects that exist in the system but not in the import file are deleted.
C) Objects from the import file overwrite objects with the same name in the system.
D) Objects with the same name in the system as in the import file are not updated.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: B |
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