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Oracle 1z0-1087-23 Exam Syllabus Topics:

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which two options indicate the minimum and respectively the maximum number of currency buckets you can
enable? (Choose two.)

A) two
B) one
C) three
D) four

2. Which statement about loading pre-mapped balances is FALSE?

A) You must select a period to which to load the balances.
B) You must select a currency bucket for the import.
C) You can drill back to the ERP from the reconciliation screen.
D) You can import from either tab separated or comma separated files.

3. Which reconciliation method is appropriate for a prepaid insurance reconciliation that explains the current
month balance?

A) Balance Comparison
B) Account Analysis
C) Transaction Matching
D) Variance Analysis

4. Which two conditions can make a profile invalid? (Choose two.)

A) No currency buckets are enabled.
B) The Normal Balance setting does not match the account type.
C) No preparer is assigned on the Workflow tab.
D) Aging limits have not been specified.

5. Which statement is FALSE about reconciliations that use the Transaction Matching Only reconciliation
method?

A) They display in both the Reconciliations list and the Matching list.
B) You must create profiles for them.
C) They do not need to be created for periods.
D) They do not participate in period-end compliance workflow.

Solutions: