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Oracle 1z0-1087-23 Exam Syllabus Topics:

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

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

A) They display in both the Reconciliations list and the Matching list.
B) You must create profiles for them.
C) They do not need to be created for periods.
D) They do not participate in period-end compliance workflow.

2. Which expression do you include in the Expression field of the Amount column in an import format to ensure
that zero balances are loaded?

A) Source system
B) Include Null
C) NZP
D) 0

3. You want to require that preparers answer a question certifying that they followed the company accounting
policies in preparing the reconciliation.
Where do you add the questions?

A) to the match type
B) to the format
C) to the profile
D) to the reconciliation

4. Which three types of reconciliations are suitable for the Transaction Matching feature? (Choose three.)

A) accounts with high volumes of data
B) reconciliations that have amortizing transactions
C) reconciliations with a single data source, like a clearing account
D) reconciliations with 2 or more data sources, like a cash or accounts receivable account
E) reconciliations that are typically zero balance accounts with low activity

5. For which scenario could a match type with a single data source be appropriate?

A) matching bank and point-of-sale transactions
B) variance analysis for current and prior period balances
C) intercompany matching
D) matching credits and debits for a clearing account

Solutions: