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 1z0-1087-23 Dumps with Practice Exam Questions Answers

Questions: 79 questions With Step-by-Step Explanation

Last Update: Nov 21, 2024

1z0-1087-23 Question Includes: Single Choice Questions: 57, Multiple Choice Questions: 22,

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1. What is the Oracle 1z0-1087-23 Exam?


The Oracle 1Z0-1087-23 Exam, also known as the Oracle Account Reconciliation 2023 Implementation Essentials exam, validates your understanding of Oracle Account Reconciliation technology. Passing this exam demonstrates your competency in configuring, managing, and using Oracle Account Reconciliation to automate financial reconciliation processes.

2. What topics are covered in the Oracle 1Z0-1087-23 Exam?


The Oracle 1Z0-1087-23 exam syllabus includes:

  • Solution overview
  • Reconciliation compliance and transaction matching processes
  • User roles (Administrator, Power User, User, Viewer)
  • Configuring reconciliation compliance (formats, profiles, teams)
  • Managing reconciliations (individual, group, summary)
  • Loading data (methods, manual pre-mapped data, data management, data integration)
  • Creating and managing rules (calculated attributes, filters, rule types, adding rules to formats and profiles)
  • Configuring transaction matching (creating match types)

3. What format is the Oracle 1Z0-1087-23 Exam?


The Oracle 1z0-1087-23 exam is a computer-based test with a mix of question formats, including multiple choice, single answer, multi-select, and some hands-on elements.

4. What is the duration of the Oracle 1Z0-1087-23 Exam?


The Oracle 1Z0-1087-23 exam has a duration of 90 minutes.

5. What is the passing score for the Oracle 1Z0-1087-23 Exam?


You need to score at least 68% to pass the Oracle 1z0-1087-23 exam.

6. What is the difference between Oracle 1z0-1087-23 and Oracle 1z0-1087-24 Certification Exams?


The Oracle 1z0-1087-23 and Oracle 1z0-1087-24 are both certification exams focused on Oracle Account Reconciliation, but they represent different versions of the software and certification levels.

  • Oracle 1z0-1087-23: The Oracle 1z0-1087-23 Exam validates skills in implementing, configuring, and managing Oracle Account Reconciliation 2023.
  • Oracle 1z0-1087-24: The Oracle 1z0-1087-24 Exam validates skills in implementing, configuring, and managing Oracle Account Reconciliation 2024.

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1z0-1087-23 Questions and Answers

Question # 1

Which two are tasks you can perform when confirming suggested matches with adjustments in the Suggested Matches list? (Choose two.)

A.

Select the data source to adjust.

B.

Select an Adjustment Type.

C.

Enter an adjustment amount.

D.

Enter a date for the adjustment.

Question # 2

Where do you navigate to configure power users access to profiles?

A.

under Application, select Configuration, and then System Settings

B.

under Tools, select Access Control, then Power User Security

C.

under Application, select Configuration, and then Profile Segments

D.

under Application, select Profiles

Question # 3

You want the holidays to be skipped when scheduling due dates for reconciliations for an organizational unit. What should you do?

A.

Edit the due date in the reconciliations for the organizational unit.

B.

Create a holiday rule and assign it to the organizational unit.

C.

Create a calendar and assign it to the organizational unit.

D.

Add a rule to the Rules tab of the profiles for the reconciliations.

Question # 4

Which rule runs during the post-processing of data loads?

A.

Send Email On Update

B.

Create Reconciliations

C.

Copy Transactions

D.

Auto Match Transactions

E.

Auto Submit Reconciliation

Question # 5

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

A.

Unexplained difference is zero

B.

Balance is zero

C.

Zero activity

D.

Balance is normal

E.

No transactions