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Oracle 1z0-1087-23 Exam Syllabus Topics:

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

Question 1

Which statement is FALSE about the profile segments?

A. You cannot change the profile segments after you have loaded profiles.
B. The profile segments are configured as part of the system attributes,
C. The profile segments specify the level at which the organization reconcile account balances.
D. The profile segments control the mapping of balances to reconciliations.

Question 2

Which statement is true for profiles that have a Quarterly frequency selected?

A. They must be assigned a quarterly calendar.
B. You can create reconciliations for those profiles only in periods that have Quarterly frequency selected.
C. You cannot create reconciliations for profiles with transaction matching reconciliation methods for
quarterly periods.
D. The balances for quarterly reconciliations aggregate the balances from monthly reconciliations.

Question 3

Which statement is FALSE about reconciliations when the period is Closed?

A. Reviewers can approve reconciliations under review.
B. Reconciliations with Pending status can start.
C. You can load data to reconciliations for the period.
D. Preparers can submit reconciliations with Open status.

Question 4

Which two attribute types are required for each data source? (Choose two.)

A. Key Field
B. Balancing Attribute
C. Accounting Date
D. Calculation

Question 5

You want to require that preparers answer a question certifying that they followed the company accounting
policies in preparing the reconciliation.
Where do you add the questions?

A. to the profile
B. to the reconciliation
C. to the format
D. to the match type

Solutions: