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1z0-1087-23 exam is an important Oracle Certification which can test your professional skills. Candidates want to pass the exam successfully to prove their competence. Fast2test Oracle technical experts have collected and certified 81 questions and answers of Oracle Cloud - Oracle Account Reconciliation 2023 Implementation Professional which are designed to cover the knowledge points of the Planning and Designing Oracle Superdome Server Solutions and enhance candidates' abilities. With Fast2test 1z0-1087-23 preparation tests you can pass the Oracle Cloud - Oracle Account Reconciliation 2023 Implementation Professional easily, get the Oracle certification and go further on Oracle career path.
Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Workflow and Controls | - Audit and compliance
|
| Oracle Account Reconciliation Cloud Service Overview | - Core concepts of Account Reconciliation Cloud (ARCS)
|
| Integration and Data Management | - Maintenance and automation
|
| Reporting and Troubleshooting | - Reporting capabilities
|
| Configuration and Setup | - System configuration
|
| Reconciliation Process Management | - Balance reconciliation
|
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
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. On the Workflow tab of the Profile, select All Reviewers in the Require Action By field.
- B. In the Instructions tab of the profile, add instructions for all team members to review the reconciliation.
- C. Add a rule of the type Require Team Review to the Rules tab.
- D. Do not select a Primary User for the Account Payable Reviewers team.
Correct Answer: A 🗳️
You are using EPM Automate commands to automate data load to Account Reconciliation.
In which scenario should you use EPM Automate to load the data through Data Management rather than
directly into Account Reconciliation?
- A. Your data includes fields with blank values.
- B. You are loading more than 1000 transactions.
- C. You are loading data to the Reporting currency bucket.
- D. You want to import one concatenated field from the source file, rather than two separate fields.
Correct Answer: C 🗳️
When would you use the Variance Analysis reconciliation method?
- A. To reconcile the same balance across general ledgers that follow different governing rules.
- B. To justify each detail line of the total balance for the period.
- C. To explain the difference in balances within the same account over different periods.
- D. To explain the difference in balances from the standards set by an organization in its budget.
Correct Answer: A 🗳️
You want to load balances for both the Entered currency bucket and the Functional currency bucket in a single
data load.
Which tool should you use?
- A. 'Import pre-mapped balances' option in the Periods page
- B. Supplemental Data Management form
- C. Smart View
- D. Data Management data load rule
Correct Answer: D 🗳️
Which statement is FALSE regarding user-defined attributes?
- A. They can include calculated values.
- B. They can be added to formats, profiles, and transactions.
- C. You can assign access to attributes by user role.
- D. You can no longer add/edit attributes after reconciliations are created.
Correct Answer: D 🗳️
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