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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which statement is always true of data loads from Data Management?

A) If there is no change in the balance, the reconciliation is not updated.
B) You must select either Actual or Budget as the scenario for the data.
C) Only users with the administrator role can run data loads.
D) You cannot load data into reconciliations with a status of Closed.

2. Which two are properties of the organizational unit? (Choose two.)

A) calendar
B) language
C) tax jurisdiction
D) work days

3. An error occurs during an import transactions job for a match type. What is the result of the job?

A) The job deletes all match type transactions, and the job status is set to Failed and Deleted,
B) The transactions are not imported, the match type is locked, and the job status it set to Failed and Locked.
C) Successfully imported transactions are committed to the system, failed transactions are logged, and the
job status is set to Completed with Errors.
D) The entire import is rolled back, and the job status is set to Failed.

4. 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 reverts to Open with Preparer.
B) The status is unchanged but a notification is sent to the related users.
C) The import fails.
D) The status reverts to Pending.

5. A profile's properties have been modified and the changes saved. Which statement is correct?

A) Existing reconciliations with Pending status that use the profile are updated with the changes.
B) Existing reconciliations that use the profile are not updated.
C) Existing reconciliations with Pending or Open With Preparer status that use the profile are updated with
the changes.
D) Existing reconciliations that use the profile are updated after approval by a system administrator.

Solutions: