Oracle Account Reconciliation 2023 Implementation Professional : 1z0-1087-23 Exam Questions

  • Exam Code: 1z0-1087-23
  • Exam Name: Oracle Account Reconciliation 2023 Implementation Professional
  • Updated: Sep 30, 2026
  • Q&As: 81 Questions and Answers

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Oracle 1z0-1087-23 Exam Syllabus Topics:

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

                                              Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

                                              Question #1

                                              Which two attribute types are required for each data source? (Choose two.)

                                              • A. Accounting Date
                                              • B. Balancing Attribute
                                              • C. Key Field
                                              • D. Calculation
                                              Reveal Solution  Discussion  0

                                              Correct Answer: A,B  🗳️

                                              Question #2

                                              Which statement is FALSE of teams?

                                              • A. A team can have another team as a member.
                                              • B. Teams can be assigned a primary user.
                                              • C. Teams are assigned to profiles on the Workflow tab.
                                              • D. A user can belong to more than one team.
                                              Reveal Solution  Discussion  0

                                              Correct Answer: C  🗳️

                                              Question #3

                                              To which do you assign Holiday Rules?

                                              • A. profiles
                                              • B. calendars
                                              • C. periods
                                              • D. organizational units
                                              Reveal Solution  Discussion  0

                                              Correct Answer: B  🗳️

                                              Question #4

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

                                              • A. Zero activity
                                              • B. No transactions
                                              • C. Balance is zero
                                              • D. Balance is normal
                                              • E. Unexplained difference is zero
                                              Reveal Solution  Discussion  0

                                              Correct Answer: C,E  🗳️

                                              Question #5

                                              Which reconciliation method is appropriate for a prepaid insurance reconciliation that explains the current
                                              month balance?

                                              • A. Balance Comparison
                                              • B. Account Analysis
                                              • C. Variance Analysis
                                              • D. Transaction Matching
                                              Reveal Solution  Discussion  0

                                              Correct Answer: A  🗳️

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