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  4. 1z0-1087-22 - Oracle Account Reconciliation 2022 Implementation Professional

Oracle 1z0-1087-22 Oracle Account Reconciliation 2022 Implementation Professional Exam Practice Test

Demo: 11 questions
Total 77 questions
Get 1z0-1087-22 Full Access Download 1z0-1087-22 PDF

Oracle Account Reconciliation 2022 Implementation Professional Questions and Answers

Question 1

Which two rule types are available in profiles? (Choose two.)

Options:

A.

Flag As Needs Attention

B.

Auto Approve Reconciliation

C.

Require Reconciliation Attachment

D.

Delete Reconciliation

E.

Copy Transactions from Prior Reconciliation

Question 2

Which two are properties of theorganizational unit? (Choose two.)

Options:

A.

work days

B.

calendar

C.

language

D.

tax jurisdiction

Question 3

Which keyword in a Teams import file identifies the section with the team members?

Options:

A.

#team_children

B.

#team

C.

#team_items

D.

#dependents

Question 4

Which statement is FALSE aboutSummary reconciliations?

Options:

A.

The Group Detail tab shows transactions for the sub segments.

B.

You can select Show All on the Balance Summary tab to view balances for the child reconciliations.

C.

Summary reconciliations include other individual reconciliations as children.

D.

The Unexplained Difference on the Balance Summary tab shows the total unexplained difference for all the child reconciliations.

Question 5

Which statement about loading pre-mapped balances is FALSE?

Options:

A.

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

B.

You must select a currency bucket for the import.

C.

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

D.

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

Question 6

What happens when you load balances to a reconciliation with the status Closed or Open With Reviewer and the balance is different than what was already Certified?

Options:

A.

The status reverts to Pending.

B.

The import fails.

C.

The status reverts to Open with Preparer.

D.

The status is unchanged but a notification is sent to the related users.

Question 7

Which two statements are true about Group reconciliations? (Choose two.)

Options:

A.

Group reconciliations include other individual reconciliations as children.

B.

You cannot use Data Management to import balances for group reconciliations.

C.

The format for the reconciliation must be enabled for Group Reconciliation.

D.

The Group Detail tab shows data for the group reconciliationsub segments.

E.

You can import balances into periods as pre-mapped data.

Question 8

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

Options:

A.

SWIFT MT940

B.

BAI

C.

EDI

D.

XML

Question 9

Which statement is FALSE about the review process in reconciliation compliance?

Options:

A.

Reviewers are sent notifications.

B.

You can have up to seven levels of review.

C.

You can assign backup reviewers.

D.

You can assign a team as reviewer.

Question 10

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

Options:

A.

Method

B.

Normal Balance

C.

Process

D.

Account Type

Question 11

Which two options indicate the minimum and respectively the maximum number of currency buckets you can enable? (Choose two.)

Options:

A.

two

B.

four

C.

one

D.

three

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Demo: 11 questions
Total 77 questions
Get 1z0-1087-22 Full Access Download 1z0-1087-22 PDF