Oracle 1z0-1087-23 Q&A - in .pdf

  • 1z0-1087-23 pdf
  • Exam Code: 1z0-1087-23
  • Exam Name: Oracle Account Reconciliation 2023 Implementation Professional
  • Updated: Aug 03, 2026
  • Q & A: 81 Questions and Answers
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Oracle 1z0-1087-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Reconciliation Process Management- Balance reconciliation
  • 1. Account certification workflow
    • 2. Variance analysis and adjustment handling
      - Transaction matching
      • 1. Matching rule optimization
        • 2. Auto-match and manual match processes
          Topic 2: Configuration and Setup- System configuration
          • 1. Security roles and access management
            • 2. Setup of applications and profiles
              - Reconciliation configuration
              • 1. Reconciliation formats and profiles
                • 2. Matching rules configuration
                  Topic 3: Workflow and Controls- Audit and compliance
                  • 1. Audit trail configuration
                    • 2. Control monitoring and reporting
                      - Workflow management
                      • 1. Notifications and escalation rules
                        • 2. Reconciliation approval workflows
                          Topic 4: Reporting and Troubleshooting- System troubleshooting
                          • 1. Error handling and diagnostics
                            • 2. Performance optimization basics
                              - Reporting capabilities
                              • 1. Standard reconciliation reports
                                • 2. Custom reporting and analytics
                                  Topic 5: Oracle Account Reconciliation Cloud Service Overview- Core concepts of Account Reconciliation Cloud (ARCS)
                                  • 1. Key components and architecture
                                    • 2. Business purpose and use cases of ARCS
                                      Topic 6: Integration and Data Management- Maintenance and automation
                                      • 1. Scheduled data loads
                                        • 2. Automation scripts and rules
                                          - Data integration
                                          • 1. Importing data from ERP systems
                                            • 2. Data mapping and transformation

                                              Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

                                              1. Which statement is FALSE about Summary reconciliations?

                                              A) You can select Show All on the Balance Summary tab to view balances for the child reconciliations.
                                              B) The Unexplained Difference on the Balance Summary tab shows the total unexplained difference for all the child reconciliations.
                                              C) Summary reconciliations include other individual reconciliations as children.
                                              D) The Group Detail tab shows transactions for the sub segments.


                                              2. 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) Data Management data load rule
                                              B) Smart View
                                              C) Supplemental Data Management form
                                              D) 'Import pre-mapped balances' option in the Periods page


                                              3. Which two options indicate the minimum and respectively the maximum number of currency buckets you can
                                              enable? (Choose two.)

                                              A) four
                                              B) one
                                              C) two
                                              D) three


                                              4. Which statement is FALSE about the review process in reconciliation compliance?

                                              A) You can assign a team as reviewer.
                                              B) Reviewers are sent notifications.
                                              C) You can have up to seven levels of review.
                                              D) You can assign backup reviewers.


                                              5. Which two Bank File formats does Account Reconciliation support using pre-built adapters in Data
                                              Management? (Choose two.)

                                              A) XML
                                              B) BAI
                                              C) SWIFT MT940
                                              D) EDI


                                              Solutions:

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

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