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Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Creating and Managing Rules | 15% | - Apply rules to formats and profiles - Add calculated attributes and filters - Configure validation and alert rules |
| Topic 2: Configuring Reconciliation Compliance | 25% | - Create and manage profiles - Define teams and workflow assignments - Create and manage formats - Set up calendars and periods |
| Topic 3: Managing Reconciliations | 20% | - Manage period status and reconciliation lifecycle - Create different reconciliation types - Use summary and group reconciliations - Review, approve, reject and reopen reconciliations |
| Topic 4: Overview and Navigation | 10% | - Describe reconciliation methods - Explain user roles and access control - Navigate the application interface |
| Topic 5: Loading and Managing Data | 15% | - Import via Data Management and Data Integration - Load balances and transactions - Use EPM Automate and REST APIs |
| Topic 6: Configuring Transaction Matching | 15% | - Define matching rules and processes - Create match types and data sources - Run auto-match and confirm results - Export adjustments and journals |
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
Which reconciliation method is appropriate for a prepaid insurance reconciliation that explains the current
month balance?
- A. Balance Comparison
- B. Transaction Matching
- C. Variance Analysis
- D. Account Analysis
Correct Answer: A 🗳️
Which statement is FALSE of teams?
- A. A team can have another team as a member.
- B. Teams can be assigned a primary user.
- C. Teams are assigned to profiles on the Workflow tab.
- D. A user can belong to more than one team.
Correct Answer: C 🗳️
What happens to a reconciliation if a team member who prepared the reconciliation is deleted from the team at
a later point of time?
- A. Changes made by the deleted member are kept intact and the deleted member still appears as the original preparer.
- B. Changes made by the deleted member are reassigned to the primary member of the team for review and
approval, - C. The reconciliation is flagged as invalid and needs to be re-created by the administrator.
- D. Changes made by the deleted member are reverted and the deleted member is removed from the
reconciliation as preparer.
Correct Answer: A 🗳️
Which two tasks can be performed using EPM Automate?
- A. Import match types.
- B. Export journals.
- C. Load pre-mapped balances.
- D. Set period status.
Correct Answer: A,B 🗳️
Which transaction matching method is used to match the transactions between two systems if period-end
reconciliation is not the objective?
- A. Variance Analysis with Transaction Matching
- B. Balance Comparison with Transaction Matching
- C. Account Analysis with Transaction Matching
- D. Transaction Matching Only
Correct Answer: A 🗳️
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