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Prepare for the Oracle Account Reconciliation 2023 Implementation Professional exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the Oracle 1Z0-1087-23 exam and achieve success.

Actual Oracle 1Z0-1087-23 Exam Questions

Question 1

The transaction matching period-end reconciliation displays an unexplained difference other than zero. Which two are possible explanations? (Choose two.)

ACurrency exchanges rates are out of date.

BJournal adjustments created were not posted.

CYou do not have security access to all the transactions.

DThe data load for transactions was incomplete.

Correct answer: B, C

Question 2

What results if you load balances using Data Management to a period to which you previously imported pre- mapped balances?

AThe Data Management data load fails.

BYou are prompted whether to overwrite the pre-mapped balances.

CThe balances loaded through Data Management overwrite the pre-mapped balances.

DThe reconciliation takes the balances loaded through Data Management and the pre-mapped balance load, and totals them.

Correct answer: C

Question 3

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

AThey display in both the Reconciliations list and the Matching list.

BThey do not participate in period-end compliance workflow.

CThey do not need to be created for periods.

DYou must create profiles for them.

Correct answer: D

Question 4

Where do you navigate to configure power users access to profiles?

Aunder Application, select Configuration, and then System Settings

Bunder Tools, select Access Control, then Power User Security

Cunder Application, select Configuration, and then Profile Segments

Dunder Application, select Profiles

Correct answer: A

Question 5

Which statement about loading pre-mapped balances is FALSE?

AYou can drill back to the ERP from the reconciliation screen.

BYou must select a currency bucket for the import.

CYou must select a period to which to load the balances.

DYou can import from either tab separated or comma separated files.

Correct answer: A

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