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Oracle 1z0-1087-23 Exam Questions : Oracle Account Reconciliation 2023 Implementation Professional
- Exam Code: 1z0-1087-23
- Exam Name: Oracle Account Reconciliation 2023 Implementation Professional
- Updated: Sep 11, 2026
- Q&As: 81 Questions and Answers
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Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Configuring Reconciliation Compliance | - Manage periods and organizational units - Explain rules and conditions - Set up formats and profiles |
| Topic 2: Administration and Security | - Describe system settings and configurations - Explain security roles and access control - Manage integration with EPM Cloud |
| Topic 3: Transaction Matching | - Explain Transaction Matching concepts - Manage Data Sources and Attributes - Configure matching rules and formats - Explain the matching process and exception handling |
| Topic 4: Reconciling Accounts | - Create and manage Reconciliations - Describe Auto Reconciliation - Explain data loads for Reconciliations - Describe transactions and matching |
| Topic 5: Account Reconciliation Overview | - Describe key concepts like Reconciliation Types, Compliance, and Balances - Explain the features of Account Reconciliation - Describe the reconciliation process |
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
Question #1
Which is true when you reopen a reconciliation?
- A. It reopens to the preparer.
- B. It reopens to the service administrator.
- C. You select the role to which it reopens to.
- D. It reopens to the last reviewer.
Correct Answer: D 🗳️
Question #2
Which three fields are required in a load file for pre-mapped balances?
- A. Period
- B. Amount
- C. Currency Code
- D. Currency Bucket
- E. Reconciliation ID
- F. Entity
Correct Answer: B,C,E 🗳️
Question #3
Which statement is true for profiles that have a Quarterly frequency selected?
- A. The balances for quarterly reconciliations aggregate the balances from monthly reconciliations.
- B. You cannot create reconciliations for profiles with transaction matching reconciliation methods for
quarterly periods. - C. You can create reconciliations for those profiles only in periods that have Quarterly frequency selected.
- D. They must be assigned a quarterly calendar.
Correct Answer: C 🗳️
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Question #4
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 format
- B. to the match type
- C. to the profile
- D. to the reconciliation
Correct Answer: A 🗳️
Question #5
Which statement about rules is FALSE?
- A. You can use a saved filter as the condition in a rule.
- B. Profiles inherit rules from their formats.
- C. A profile can have a maximum of three rules.
- D. A rule can set a reconciliation attribute to a specified value when the rule conditions are met.
Correct Answer: C 🗳️
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