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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. In which row does an unmatched transaction with an accounting date of April 30th display in the period-end
reconciliation for May 31?

A) Unmatched
B) Matched In Transit
C) Unmatched Supported
D) It is excluded from the report

2. Which two statements are true about reconciliation compliance filters?

A) They can control the records that you see in the list views.
B) You can apply them against unmatched transactions.
C) They allow you to save columns to view records on the screen.
D) They can be used by the rules engine.

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

A) They do not need to be created for periods.
B) They display in both the Reconciliations list and the Matching list.
C) They do not participate in period-end compliance workflow.
D) You must create profiles for them.

4. Which is true when you reopen a reconciliation?

A) It reopens to the preparer.
B) It reopens to the service administrator.
C) You select the role to which it reopens to.
D) It reopens to the last reviewer.

5. To which do you assign default currencies?

A) currency buckets
B) formats
C) account ids
D) organizational units

Solutions: