Oracle Account Reconciliation 2023 Implementation Professional : 1z0-1087-23

1z0-1087-23 Exam Simulator
  • Exam Code: 1z0-1087-23
  • Exam Name: Oracle Account Reconciliation 2023 Implementation Professional
  • Updated: Sep 09, 2026
  • Q & A: 81 Questions and Answers

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Oracle 1z0-1087-23 exam simulator

Oracle 1z0-1087-23 Exam Syllabus Topics:

SectionObjectives
Account Reconciliation Overview- Describe the reconciliation process
- Explain the features of Account Reconciliation
- Describe key concepts like Reconciliation Types, Compliance, and Balances
Administration and Security- Describe system settings and configurations
- Explain security roles and access control
- Manage integration with EPM Cloud
Configuring Reconciliation Compliance- Set up formats and profiles
- Manage periods and organizational units
- Explain rules and conditions
Transaction Matching- Configure matching rules and formats
- Explain the matching process and exception handling
- Manage Data Sources and Attributes
- Explain Transaction Matching concepts
Reconciling Accounts- Create and manage Reconciliations
- Explain data loads for Reconciliations
- Describe Auto Reconciliation
- Describe transactions and matching

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

Question 1

Which is NOT a step in the process for reconciliation compliance?

A. prepare reconciliations
B. confirm suggested matches
C. load balances
D. execute automation like Automatic Recon and Rules


Question 2

Which three fields are required in a load file for pre-mapped balances?

A. Period
B. Currency Bucket
C. Currency Code
D. Entity
E. Amount
F. Reconciliation ID


Question 3

Which two are tasks that can be performed using EPM Automate? (Choose two.)

A. import premapped data
B. set period status
C. export journals
D. export balances


Question 4

What happens to a reconciliation if a team member who prepared the reconciliation is deleted from the team at
a later point of time?

A. Changes made by the deleted member are reverted and the deleted member is removed from the
reconciliation as preparer.
B. Changes made by the deleted member are reassigned to the primary member of the team for review and
approval,
C. The reconciliation is flagged as invalid and needs to be re-created by the administrator.
D. Changes made by the deleted member are kept intact and the deleted member still appears as the original preparer.


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. Compliance Dashboard
B. Overview Dashboard
C. Worklist
D. Reconciliations List


Solutions:

Question 1
Answer: B
Question 2
Answer: C,E,F
Question 3
Answer: A,D
Question 4
Answer: D
Question 5
Answer: A

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