1Z0-1087-20 by Oracle Actual Free Exam Questions And Answers

Question 1

In which row does an unmatched transaction with an accounting date of April 30th display in the period-end reconciliation for May 31?

A. It is excluded from the report

B. Matched In Transit

C. Unmatched

D. Unmatched Supported

Discussion 0

Correct Answer: D Vote an answer

Question 2

Which two are tasks you can perform when confirming suggested matches with adjustments in the Suggested Matches list? (Choose two.)

A. Select an Adjustment Type.

B. Enter a date for the adjustment.

C. Select the data source to adjust.

D. Enter an adjustment amount.

Discussion 0

Correct Answer: A,C Vote an answer

Question 3

Which statement about journals in transaction matching is FALSE?

A. You create separate journal columns for each match type.

B. For adjustments, the variance amount is exported to the Amount column.

C. For transactions, you can apply a data source filter to the export.

D. You create separate journal column mappings for adjustments and transactions.

Discussion 0

Correct Answer: B Vote an answer

Question 4

You are creating a matching rule, and you want transactions that are within the specified tolerance range to be matched automatically, with no need for further user review.
Which option should you choose for the Match Status?

A. Suggested

B. Auto Approve

C. Auto Submit

D. Confirmed

Discussion 0

Correct Answer: B Vote an answer

Question 5

You want the holidays to be skipped when scheduling due dates for reconciliations for an organizational unit.
What should you do?

A. Create a holiday rule and assign it to the organizational unit.

B. Edit the due date in the reconciliations for the organizational unit.

C. Add a rule to the Rules tab of the profiles for the reconciliations.

D. Create a calendar and assign it to the organizational unit.

Discussion 0

Correct Answer: A Vote an answer

Question 6

What results if you load balances using Data Management to a period to which you previously imported pre- mapped balances?

A. The Data Management data load fails.

B. The balances loaded through Data Management overwrite the pre-mapped balances.

C. You are prompted whether to overwrite the pre-mapped balances.

D. The reconciliation takes the balances loaded through Data Management and the pre-mapped balance load, and totals them.

Discussion 0

Correct Answer: B Vote an answer

Question 7

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

A. They do not need to be created for periods.

B. They display in both the Reconciliations list and the Matching list.

C. You must create profiles for them.

D. They do not participate in period-end compliance workflow.

Discussion 0

Correct Answer: C Vote an answer

Oracle EPM Account Reconciliation 2020 Implementation Essentials - 1Z0-1087-20 Exam Practice Test

Contact Us

Useful Links

Latest Updated