1Z0-1087-22 Exam Questions & Answers

Exam Code: 1Z0-1087-22

Exam Name: Oracle Account Reconciliation 2022 Implementation Professional

Updated: Dec 20, 2024

Q&As: 79

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Practice These Free Questions and Answers to Pass the Account Reconciliation Exam

Questions 1

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

A. Method

B. Normal Balance

C. Process

D. Account Type

Show Answer
Questions 2

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

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 reconciliation sub segments.

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

Show Answer
Questions 3

Which is NOT a step in configuring journals in Transaction Matching?

A. create journal columns

B. map journal columns to data source attribute columns

C. define data source filters

D. create journal templates

Show Answer
Questions 4

Which statement is FALSE about reconciliations that use the Transaction Matching Only reconciliation method?

A. They display in both the Reconciliations list and the Matching list.

B. They do not participate in period-end compliance workflow.

C. They do not need to be created for periods.

D. You must create profiles for them.

Show Answer
Questions 5

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

Show Answer

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