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Note! 1z0-1087-22 has been withdrawn. The new exam code is 1z0-1087-24

Practice Free 1z0-1087-22 Oracle Account Reconciliation 2022 Implementation Professional Exam Questions Answers With Explanation

We at Crack4sure are committed to giving students who are preparing for the Oracle 1z0-1087-22 Exam the most current and reliable questions . To help people study, we've made some of our Oracle Account Reconciliation 2022 Implementation Professional exam materials available for free to everyone. You can take the Free 1z0-1087-22 Practice Test as many times as you want. The answers to the practice questions are given, and each answer is explained.

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Question # 6

Which transaction matching method is used to match the transactions betweentwo systems if period-end reconciliation is not the objective?

A.

Transaction Matching Only

B.

Variance Analysis with Transaction Matching

C.

Balance Comparison with Transaction Matching

D.

Account Analysis with Transaction Matching

Question # 7

Which statement about rules is FALSE?

A.

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

B.

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

C.

Profiles inherit rules from their formats.

D.

A profile can have a maximum of three rules.

Question # 8

How can you configure a profile for reconciliation compliance to show the variance between a current period balance and a prior period balance in a separate workflow from the reconciliation?

A.

On the currency tab, enable a currency bucket for that prior period balance.

B.

Add a rule to the Rules tab.

C.

Select a format with the Variance Analysis reconciliation method for the profile.

D.

Create a calculated attribute to compare the prior period balance to the current period balance and add it to the profile.

Question # 9

In a reconciliation profile, the Account Payable Reviewers team is assigned as the reviewer, and you want to require that ALL team members approve the reconciliation.

Which action should you perform?

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.

Question # 10

Which statement is FALSE regarding user-defined attributes?

A.

You can no longer add/edit attributes afterreconciliations are created.

B.

They can be added to formats, profiles, and transactions.

C.

They can include calculated values.

D.

You can assign access to attributes by user role.

Question # 11

To which do you assign default currencies?

A.

currency buckets

B.

account ids

C.

organizational units

D.

formats