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  • Exam Name: Oracle Account Reconciliation 2023 Implementation Essentials
  • Last Update: 27-Apr-2024
  • Questions and Answers: 79
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1z0-1087-23 Questions and Answers

Question # 1

Which statement is true for profiles that have a Quarterly frequency selected?

A.

They must be assigned a quarterly calendar.

B.

You cannot create reconciliations for profiles with transaction matching reconciliation methods for quarterly periods.

C.

You can create reconciliations for those profiles only in periods that have Quarterly frequency selected.

D.

The balances for quarterly reconciliations aggregate the balances from monthly reconciliations.

Question # 2

Which two statements are true about importing and exporting match types? (Choose two.)

A.

Match types are exported to a .zip folder.

B.

Import can update match types with Pending status only.

C.

Match types are exported to comma-separated (CSV) files.

D.

Import can update match types with Approved status only.

Question # 3

You are using EPM Automate commands to automate data load to Account Reconciliation.

In which scenario should you use EPM Automate to load the data through Data Management rather than directly into Account Reconciliation?

A.

Your data includes fields with blank values.

B.

You are loading data to the Reporting currency bucket.

C.

You are loading more than 1000 transactions.

D.

You want to import one concatenated field from the source file, rather than two separate fields.

Question # 4

Which statement regarding user-defined attributes is FALSE?

A.

You can assign access by user role.

B.

They can include calculated values.

C.

They can be assigned default value.

D.

You can no longer add/edit attributes after reconciliations are created.

Question # 5

Which two Bank File formats does Account Reconciliation support using pre-built adapters in Data Management? (Choose two.)

A.

SWIFT MT940

B.

BAI

C.

EDI

D.

XML

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