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Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Loading and Managing Data | 15% | - Use EPM Automate and REST APIs - Load balances and transactions - Import via Data Management and Data Integration |
| Topic 2: Overview and Navigation | 10% | - Describe reconciliation methods - Navigate the application interface - Explain user roles and access control |
| Topic 3: Configuring Reconciliation Compliance | 25% | - Create and manage formats - Set up calendars and periods - Define teams and workflow assignments - Create and manage profiles |
| Topic 4: Creating and Managing Rules | 15% | - Apply rules to formats and profiles - Add calculated attributes and filters - Configure validation and alert rules |
| Topic 5: Configuring Transaction Matching | 15% | - Create match types and data sources - Define matching rules and processes - Run auto-match and confirm results - Export adjustments and journals |
| Topic 6: Managing Reconciliations | 20% | - Use summary and group reconciliations - Create different reconciliation types - Manage period status and reconciliation lifecycle - Review, approve, reject and reopen reconciliations |
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
1. 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 status reverts to Pending.
D) The import fails.
2. To which do you assign default currencies?
A) currency buckets
B) formats
C) account ids
D) organizational units
3. In which row does an unmatched transaction with an accounting date of April 30th display in the period-end
reconciliation for May 31?
A) Unmatched
B) Matched In Transit
C) It is excluded from the report
D) Unmatched Supported
4. Which statement is true regarding the Normal Balance attribute in a profile?
A) Reconciliations display a warning if the balance type is other than expected.
B) When it is selected, reconciliations display a warning if their balance is zero.
C) Preparers cannot save a reconciliation if the balance type is other than expected.
D) It is assigned automatically based on the account type.
5. Which ability does NOT belong to users with the Power User role?
A) edit formats to which they are assigned access
B) review reconciliations
C) prepare reconciliations
D) edit profiles to which they are assigned access
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A |
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