Oracle 1z0-1087-23 : Oracle Account Reconciliation 2023 Implementation Professional

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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. In a reconciliation profile, the Account Payable Reviewers team is assigned as the reviewer, and you want to
require that ALL team members approve the reconciliation.
Which action should you perform?

A) In the Instructions tab of the profile, add instructions for all team members to review the reconciliation.
B) Do not select a Primary User for the Account Payable Reviewers team.
C) Add a rule of the type Require Team Review to the Rules tab.
D) On the Workflow tab of the Profile, select All Reviewers in the Require Action By field.

2. 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.

3. 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.

4. 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.

5. Which statement is FALSE about calendars?

A) Calendars are associated with periods and organizational units.
B) An organizational unit can be assigned many calendars to enable reconciliations for different financial
dates.
C) Calendars set the dates and frequencies for each period.
D) One period may have many calendars to reflect different date configurations for the period.

Solutions: