Oracle 1z0-1087-23 real exam prep : Oracle Account Reconciliation 2023 Implementation Professional

  • Exam Code: 1z0-1087-23
  • Exam Name: Oracle Account Reconciliation 2023 Implementation Professional
  • Updated: Oct 05, 2026
  • Q&As: 81 Questions and Answers

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1z0-1087-23 exam dumps

Oracle 1z0-1087-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Managing Reconciliations20%- Create different reconciliation types
- Use summary and group reconciliations
- Manage period status and reconciliation lifecycle
- Review, approve, reject and reopen reconciliations
Topic 2: Configuring Reconciliation Compliance25%- Create and manage profiles
- Set up calendars and periods
- Create and manage formats
- Define teams and workflow assignments
Topic 3: Configuring Transaction Matching15%- Define matching rules and processes
- Run auto-match and confirm results
- Create match types and data sources
- Export adjustments and journals
Topic 4: Loading and Managing Data15%- Import via Data Management and Data Integration
- Load balances and transactions
- Use EPM Automate and REST APIs
Topic 5: Overview and Navigation10%- Navigate the application interface
- Describe reconciliation methods
- Explain user roles and access control
Topic 6: Creating and Managing Rules15%- Add calculated attributes and filters
- Configure validation and alert rules
- Apply rules to formats and profiles

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

Question #1

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

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

Correct Answer: D  🗳️

Question #2

The transaction matching period-end reconciliation displays an unexplained difference other than zero. Which
two are possible explanations? (Choose two.)

  • A. The data load for transactions was incomplete.
  • B. Currency exchanges rates are out of date.
  • C. Journal adjustments created were not posted.
  • D. You do not have security access to all the transactions.
Reveal Solution  Discussion  0

Correct Answer: C,D  🗳️

Question #3

A team has been assigned as the preparer for a reconciliation, and one team member is designated as the
primary user.
What characterizes the primary user?

  • A. The system automatically claims the reconciliation for the primary use when the reconciliation status changes to Open (with preparer).
  • B. The primary user can edit the reconciliation properties.
  • C. The primary user must approve the reconciliation before the preparer submits the reconciliation.
  • D. The system automatically re-assigned the reconciliation to the primary user when the current preparer is
    out of the office.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #4

When can you run auto-matching for a transaction matching reconciliation?

  • A. after the reconciliation status changes to Open With Preparer
  • B. after you load transactions to the reconciliation data sources
  • C. after the reconciliation meets its start date
  • D. after the period end date is reached
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #5

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

  • A. under Application, select Configuration, and then Profile Segments
  • B. under Application, select Configuration, and then System Settings
  • C. under Application, select Profiles
  • D. under Tools, select Access Control, then Power User Security
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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