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Oracle 1z0-1087-23 Exam : Oracle Account Reconciliation 2023 Implementation Professional
- Exam Code: 1z0-1087-23
- Exam Name: Oracle Account Reconciliation 2023 Implementation Professional
- Updated: Sep 25, 2026
- Q & A: 81 Questions and Answers
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Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Transaction Matching | - Configure matching rules and formats - Explain the matching process and exception handling - Explain Transaction Matching concepts - Manage Data Sources and Attributes |
| Topic 2: Administration and Security | - Manage integration with EPM Cloud - Describe system settings and configurations - Explain security roles and access control |
| Topic 3: Configuring Reconciliation Compliance | - Explain rules and conditions - Manage periods and organizational units - Set up formats and profiles |
| Topic 4: Reconciling Accounts | - Describe Auto Reconciliation - Explain data loads for Reconciliations - Create and manage Reconciliations - Describe transactions and matching |
| Topic 5: Account Reconciliation Overview | - Explain the features of Account Reconciliation - Describe the reconciliation process - Describe key concepts like Reconciliation Types, Compliance, and Balances |
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
Question #1
For which scenario could a match type with a single data source be appropriate?
- A. variance analysis for current and prior period balances
- B. matching bank and point-of-sale transactions
- C. intercompany matching
- D. matching credits and debits for a clearing account
Correct Answer: D π³οΈ
Question #2
Which statement is FALSE regarding user-defined attributes?
- A. They can be added to formats, profiles, and transactions.
- B. You can no longer add/edit attributes after reconciliations are created.
- C. You can assign access to attributes by user role.
- D. They can include calculated values.
Correct Answer: B π³οΈ
Question #3
Which two tasks can be performed using EPM Automate?
- A. Import match types.
- B. Set period status.
- C. Export journals.
- D. Load pre-mapped balances.
Correct Answer: A,C π³οΈ
Question #4
Which statement is FALSE about the profile segments?
- A. The profile segments control the mapping of balances to reconciliations.
- B. You cannot change the profile segments after you have loaded profiles.
- C. The profile segments specify the level at which the organization reconcile account balances.
- D. The profile segments are configured as part of the system attributes,
Correct Answer: C π³οΈ
Question #5
Which statement is true for profiles that have a Quarterly frequency selected?
- A. You can create reconciliations for those profiles only in periods that have Quarterly frequency selected.
- B. You cannot create reconciliations for profiles with transaction matching reconciliation methods for
quarterly periods. - C. They must be assigned a quarterly calendar.
- D. The balances for quarterly reconciliations aggregate the balances from monthly reconciliations.
Correct Answer: A π³οΈ
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