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Oracle 1z0-1087-23 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Account Reconciliation 2023 Implementation Professional |
| Exam Number: | 1Z0-1087-23 |
| Exam Price: | $245 USD |
| Passing Score: | 68% |
| Exam Duration: | 90 minutes |
| Exam Format: | Multiple Choice |
| Related Certifications: | Oracle Enterprise Performance Management (EPM) Cloud Implementation Professional |
| Available Languages: | English |
| Real Exam Qty: | 60 |
| Certificate Validity Period: | 3 years |
| Recommended Training: | Oracle Account Reconciliation 2023: Implementation Training |
| Exam Registration: | Oracle University Registration Pearson VUE Booking |
| Sample Questions: | Oracle 1z0-1087-23 Sample Questions |
| Exam Way: | Online proctored or onsite at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; recommended experience with Oracle EPM Cloud and Account Reconciliation implementation |
| Official Syllabus URL: | https://education.oracle.com/oracle-account-reconciliation-2023-implementation-professional/pexam_1Z0-1087-23 |
Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Configuring Transaction Matching | 15% | - Create match types and data sources - Run auto-match and confirm results - Export adjustments and journals - Define matching rules and processes |
| Topic 2: Loading and Managing Data | 15% | - Load balances and transactions - Use EPM Automate and REST APIs - Import via Data Management and Data Integration |
| Topic 3: Creating and Managing Rules | 15% | - Add calculated attributes and filters - Apply rules to formats and profiles - Configure validation and alert rules |
| Topic 4: Configuring Reconciliation Compliance | 25% | - Define teams and workflow assignments - Set up calendars and periods - Create and manage profiles - Create and manage formats |
| Topic 5: Overview and Navigation | 10% | - Describe reconciliation methods - Explain user roles and access control - Navigate the application interface |
| Topic 6: Managing Reconciliations | 20% | - Review, approve, reject and reopen reconciliations - Use summary and group reconciliations - Manage period status and reconciliation lifecycle - Create different reconciliation types |
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
Which property of profiles is set automatically when you select the format for the profile?
- A. Method
- B. Account Type
- C. Process
- D. Normal Balance
Correct Answer: B 🗳️
You want to load balances for both the Entered currency bucket and the Functional currency bucket in a single
data load.
Which tool should you use?
- A. Smart View
- B. Data Management data load rule
- C. 'Import pre-mapped balances' option in the Periods page
- D. Supplemental Data Management form
Correct Answer: B 🗳️
Which statement about loading pre-mapped balances is FALSE?
- A. You must select a period to which to load the balances.
- B. You can import from either tab separated or comma separated files.
- C. You must select a currency bucket for the import.
- D. You can drill back to the ERP from the reconciliation screen.
Correct Answer: D 🗳️
In the Balance Explanations tab of the Prepaid Expenses reconciliation, you want to include the transactions
and attachments from the prior period in the current period.
Which action should you perform?
- A. In the Balance Explanations tab of the current period reconciliation, select 'Copy Transactions from
Prior Reconciliation'. - B. In the Reconciliations list, copy the reconciliation from the prior period and paste it into the current
period. - C. In the profile for Prepaid Expenses reconciliations, select 'Include Prior Period Transactions'.
- D. Export the transactions from the prior period reconciliation and then import them to the current period reconciliation.
Correct Answer: C 🗳️
Which two conditions can make a profile invalid? (Choose two.)
- A. Aging limits have not been specified.
- B. No preparer is assigned on the Workflow tab.
- C. The Normal Balance setting does not match the account type.
- D. No currency buckets are enabled.
Correct Answer: B,C 🗳️
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