Oracle Account Reconciliation 2023 Implementation Professional - 1z0-1087-23 Exam Practice Test

A. reconciliations that have amortizing transactions

B. reconciliations that are typically zero balance accounts with low activity

C. accounts with high volumes of data

D. reconciliations with 2 or more data sources, like a cash or accounts receivable account

E. reconciliations with a single data source, like a clearing account

A. Preparers cannot save a reconciliation if the balance type is other than expected.

B. When it is selected, reconciliations display a warning if their balance is zero.

C. It is assigned automatically based on the account type.

D. Reconciliations display a warning if the balance type is other than expected.

A. Profiles inherit rules from their formats.

B. You can use a saved filter as the condition in a rule.

C. A rule can set a reconciliation attribute to a specified value when the rule conditions are met.

D. A profile can have a maximum of three rules.

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 reverted and the deleted member is removed from the
reconciliation as preparer.

C. The reconciliation is flagged as invalid and needs to be re-created by the administrator.

D. Changes made by the deleted member are reassigned to the primary member of the team for review and
approval,

A. Preparers can submit reconciliations with Open status.

B. Reviewers can approve reconciliations under review.

C. You can load data to reconciliations for the period.

D. Reconciliations with Pending status can start.

A. One to One

B. Suggested Match

C. Matches with Tolerance

D. Adjustment

E. Matches Exactly

A. You must select a match type for the import.

B. You select a separate load file for each data source.

C. You can select comma or tab for delimiter, or enter a user-defined delimiter.

D. You can import transactions to a match type only if its status is Pending.

E. Auto-match can run automatically after the import is finished.

A. You must create profiles for them.

B. They do not participate in period-end compliance workflow.

C. They do not need to be created for periods.

D. They display in both the Reconciliations list and the Matching list.

A. In the Instructions tab of the profile, add instructions for all team members to review the reconciliation.

B. On the Workflow tab of the Profile, select All Reviewers in the Require Action By field.

C. Add a rule of the type Require Team Review to the Rules tab.

D. Do not select a Primary User for the Account Payable Reviewers team.