Oracle 1z0-1087-23 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Account Reconciliation 2023 Implementation Professional |
| Exam Number: | 1Z0-1087-23 |
| Passing Score: | 68% |
| Exam Duration: | 90 minutes |
| Exam Price: | USD 245 |
| Exam Format: | Multiple Choice |
| Related Certifications: | Oracle Account Reconciliation 2023 Certified Implementation Professional |
| Available Languages: | English |
| Certificate Validity Period: | Lifetime (Credential does not expire) |
| Real Exam Qty: | 55 |
| Sample Questions: | Oracle 1z0-1087-23 Sample Questions |
| Exam Way: | Online (Proctored) or In-Center (Pearson VUE) |
| Pre Condition: | Oracle recommends training and hands-on experience prior to taking the exam. |
| Official Syllabus URL: | https://education.oracle.com/oracle-account-reconciliation-2023-implementation-professional/pexam_1Z0-1087-23 |
Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Configuring Reconciliation Compliance | - Manage periods and organizational units - Explain rules and conditions - Set up formats and profiles |
| Topic 2: Reconciling Accounts | - Explain data loads for Reconciliations - Describe transactions and matching - Describe Auto Reconciliation - Create and manage Reconciliations |
| Topic 3: Account Reconciliation Overview | - Describe key concepts like Reconciliation Types, Compliance, and Balances - Describe the reconciliation process - Explain the features of Account Reconciliation |
| Topic 4: Transaction Matching | - Explain the matching process and exception handling - Manage Data Sources and Attributes - Explain Transaction Matching concepts - Configure matching rules and formats |
| Topic 5: Administration and Security | - Describe system settings and configurations - Manage integration with EPM Cloud - Explain security roles and access control |
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
Question #1
When would you use the Variance Analysis reconciliation method?
A. To justify each detail line of the total balance for the period.
B. To reconcile the same balance across general ledgers that follow different governing rules.
C. To explain the difference in balances from the standards set by an organization in its budget.
D. To explain the difference in balances within the same account over different periods.
Question #2
You want the holidays to be skipped when scheduling due dates for reconciliations for an organizational unit.
What should you do?
A. Create a calendar and assign it to the organizational unit.
B. Create a holiday rule and assign it to the organizational unit.
C. Edit the due date in the reconciliations for the organizational unit.
D. Add a rule to the Rules tab of the profiles for the reconciliations.
Question #3
Which two are tasks that can be performed using EPM Automate? (Choose two.)
A. export balances
B. set period status
C. import premapped data
D. export journals
Question #4
Where do you navigate to configure power users access to profiles?
A. under Tools, select Access Control, then Power User Security
B. under Application, select Configuration, and then Profile Segments
C. under Application, select Configuration, and then System Settings
D. under Application, select Profiles
Question #5
Which is NOT an attribute type for reconciliation compliance attributes?
A. Number
B. Yes/No
C. True/False
D. Location
Solutions:
| Question #1 Correct Answer: B | Question #2 Correct Answer: B | Question #3 Correct Answer: A,C | Question #4 Correct Answer: C | Question #5 Correct Answer: D |


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