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Oracle 1z0-1087-23 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Account Reconciliation 2023 Implementation Professional
Exam Number:1Z0-1087-23
Related Certifications:Oracle Enterprise Performance Management (EPM) Cloud Implementation Professional
Certificate Validity Period:3 years
Real Exam Qty:60
Exam Price:$245 USD
Exam Format:Multiple Choice
Passing Score:68%
Exam Duration:90 minutes
Available Languages:English
Recommended Training:Oracle Account Reconciliation 2023: Implementation Training
Exam Registration:Pearson VUE Booking
Oracle University Registration
Sample Questions:Oracle 1z0-1087-23 Sample Questions
Exam Way:Online proctored or onsite at Pearson VUE test centers
Pre Condition:No mandatory prerequisites; recommended experience with Oracle EPM Cloud and Account Reconciliation implementation
Official Syllabus URL:https://education.oracle.com/oracle-account-reconciliation-2023-implementation-professional/pexam_1Z0-1087-23

Oracle 1z0-1087-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Creating and Managing Rules15%- Add calculated attributes and filters
- Configure validation and alert rules
- Apply rules to formats and profiles
Topic 2: Loading and Managing Data15%- Import via Data Management and Data Integration
- Load balances and transactions
- Use EPM Automate and REST APIs
Topic 3: Managing Reconciliations20%- Use summary and group reconciliations
- Create different reconciliation types
- Manage period status and reconciliation lifecycle
- Review, approve, reject and reopen reconciliations
Topic 4: Overview and Navigation10%- Describe reconciliation methods
- Navigate the application interface
- Explain user roles and access control
Topic 5: Configuring Transaction Matching15%- Export adjustments and journals
- Run auto-match and confirm results
- Create match types and data sources
- Define matching rules and processes
Topic 6: Configuring Reconciliation Compliance25%- Create and manage profiles
- Create and manage formats
- Set up calendars and periods
- Define teams and workflow assignments

Your Oracle 1z0-1087-23 Exam Questions, Answered

The Oracle 1z0-1087-23 exam, officially titled Oracle Account Reconciliation 2023 Implementation Professional, is the required test for earning the Oracle Account Reconciliation 2023 Certified Implementation Professional certification, a credential at the Professional level. Passing it validates the skills Oracle expects from certified professionals, and it can also support progress toward related credentials such as Oracle Enterprise Performance Management (EPM) Cloud Implementation Professional.

The 1z0-1087-23 exam includes 60 questions, and you have 90 minutes to complete it. Before exam day, divide the available time by the question count so you know the pace you need to hold, and practice flagging time-consuming items for review instead of stalling on a single question. Timed sessions in the Actualtests4sure test engine are the easiest way to build that rhythm before it counts.

You need 68% to pass the 1z0-1087-23 exam, and the official registration fee is $245 USD. Keep in mind that a failed attempt means paying that fee in full again for a retake, so avoid booking your seat on a hunch. Work through the Actualtests4sure practice test until your scores sit comfortably above the passing requirement before you schedule the exam.

Oracle asks candidates to meet the following requirement before registering: No mandatory prerequisites; recommended experience with Oracle EPM Cloud and Account Reconciliation implementation. Exam policies do change, so confirm the latest details on the official exam page at https://education.oracle.com/oracle-account-reconciliation-2023-implementation-professional/pexam_1Z0-1087-23 before you book.

You can book your seat through the official registration channels below:

The 1z0-1087-23 exam is delivered in the following format: Online proctored or onsite at Pearson VUE test centers.

Oracle recommends the following official training for this exam:

A course builds the theory; practice turns it into exam-day performance. Once you finish a class, the 81 practice questions from Actualtests4sure show you how the same knowledge appears in exam-style items.

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The Oracle Account Reconciliation 2023 Implementation Professional exam is organized into 6 major domains. Some of the key domains include:

  • Overview and Navigation, accounting for 10% of the exam
  • Configuring Transaction Matching, accounting for 15% of the exam
  • Managing Reconciliations, accounting for 20% of the exam

Scroll up to the Exam Topics section for the complete breakdown, and use it to plan how much study time each domain deserves.

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

Question #1

Which property of profiles is set automatically when you select the format for the profile?

  • A. Method
  • B. Normal Balance
  • C. Process
  • D. Account Type
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #2

To which do you assign default currencies?

  • A. organizational units
  • B. account ids
  • C. currency buckets
  • D. formats
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #3

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

  • 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
Reveal Solution  Discussion  0

Correct Answer: B,D,E  🗳️

Question #4

Which three statements are true about importing transaction matching transactions from the Jobs page?
(Choose three.)

  • 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.
Reveal Solution  Discussion  0

Correct Answer: A,D,E  🗳️

Question #5

Where can a service administrator navigate to view, by user, how many reconciliations were completed on
time, how many are late, and how many were rejected?

  • A. Worklist
  • B. Overview Dashboard
  • C. Reconciliations List
  • D. Compliance Dashboard
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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