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Oracle 1z0-1087-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: 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
          Topic 2: Configuration and Setup- Reconciliation configuration
          • 1. Matching rules configuration
            • 2. Reconciliation formats and profiles
              - System configuration
              • 1. Setup of applications and profiles
                • 2. Security roles and access management
                  Topic 3: Workflow and Controls- Workflow management
                  • 1. Notifications and escalation rules
                    • 2. Reconciliation approval workflows
                      - Audit and compliance
                      • 1. Control monitoring and reporting
                        • 2. Audit trail configuration
                          Topic 4: Reconciliation Process Management- Transaction matching
                          • 1. Matching rule optimization
                            • 2. Auto-match and manual match processes
                              - Balance reconciliation
                              • 1. Account certification workflow
                                • 2. Variance analysis and adjustment handling
                                  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- Data integration
                                      • 1. Data mapping and transformation
                                        • 2. Importing data from ERP systems
                                          - Maintenance and automation
                                          • 1. Automation scripts and rules
                                            • 2. Scheduled data loads

                                              Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

                                              In the Balance Explanations tab of the Prepaid Expenses reconciliation, you want to include the transactions
                                              and attachments from the prior period in the current period.
                                              Which action should you perform?

                                              • A. In the profile for Prepaid Expenses reconciliations, select 'Include Prior Period Transactions'.
                                              • B. Export the transactions from the prior period reconciliation and then import them to the current period reconciliation.
                                              • C. In the Reconciliations list, copy the reconciliation from the prior period and paste it into the current
                                                period.
                                              • D. In the Balance Explanations tab of the current period reconciliation, select 'Copy Transactions from
                                                Prior Reconciliation'.
                                              Reveal Solution  Discussion  0

                                              Correct Answer: A  🗳️

                                              Which ability does NOT belong to users with the Power User role?

                                              • A. edit formats to which they are assigned access
                                              • B. review reconciliations
                                              • C. prepare reconciliations
                                              • D. edit profiles to which they are assigned access
                                              Reveal Solution  Discussion  0

                                              Correct Answer: A  🗳️

                                              You are a preparer with the User role and you are going on vacation.
                                              How can you assign responsibility for reconciliations currently open with you to the backup preparer?

                                              • A. In the Workflow tab of the reconciliations, select a backup preparer in the Backup Preparer field.
                                              • B. In User Preferences, change your status to Out of Office.
                                              • C. Click the Release button in the reconciliations to release it to the other team members.
                                              • D. In the Actions menu of the reconciliations, select Request Reassignment.
                                              Reveal Solution  Discussion  0

                                              Correct Answer: A  🗳️

                                              Which two statements are correct about deleting reconciliations? (Choose two.)

                                              • A. The balances loaded for a period are not deleted when the reconciliation is deleted.
                                              • B. Only a Service Administrator or a Power User can delete a reconciliation.
                                              • C. Only the preparer of the reconciliation can delete the reconciliation.
                                              • D. The reconciliation status must be Pending.
                                              Reveal Solution  Discussion  0

                                              Correct Answer: A,C  🗳️

                                              Which keyword in a Teams import file identifies the section with the team members?

                                              • A. #team_items
                                              • B. #team
                                              • C. #dependents
                                              • D. #team_children
                                              Reveal Solution  Discussion  0

                                              Correct Answer: B  🗳️

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