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Online 1z0-1087-23 Questions Video

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Total 79 questions
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Oracle Account Reconciliation 2023 Implementation Essentials Questions and Answers

Question 9

What results if you load balances using Data Management to a period to which you previously imported pre- mapped balances?

Options:

A.

The Data Management data load fails.

B.

You are prompted whether to overwrite the pre-mapped balances.

C.

The balances loaded through Data Management overwrite the pre-mapped balances.

D.

The reconciliation takes the balances loaded through Data Management and the pre-mapped balance load, and totals them.

Question 10

Which two auto-reconciliation methods for reconciliations use the Account Analysis format?

Options:

A.

Unexplained difference is zero

B.

Balance is zero

C.

Zero activity

D.

Balance is normal

E.

No transactions

Question 11

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?

Options:

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 12

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

Options:

A.

Transaction Matching Only

B.

Variance Analysis with Transaction Matching

C.

Balance Comparison with Transaction Matching

D.

Account Analysis with Transaction Matching

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Total 79 questions
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