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Exam Code: 1z0-1087-23
Exam Name: Oracle Account Reconciliation 2023 Implementation Professional
Updated: Jul 26, 2026
Q & A: 81 Questions and Answers
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| Section | Objectives |
|---|---|
| Transaction Matching | - Configure matching rules and formats - Explain Transaction Matching concepts - Explain the matching process and exception handling - Manage Data Sources and Attributes |
| Administration and Security | - Manage integration with EPM Cloud - Explain security roles and access control - Describe system settings and configurations |
| Reconciling Accounts | - Create and manage Reconciliations - Explain data loads for Reconciliations - Describe transactions and matching - Describe Auto Reconciliation |
| Account Reconciliation Overview | - Describe the reconciliation process - Describe key concepts like Reconciliation Types, Compliance, and Balances - Explain the features of Account Reconciliation |
| Configuring Reconciliation Compliance | - Explain rules and conditions - Set up formats and profiles - Manage periods and organizational units |
1. Which two are matching rule types?
A) Matches Exactly
B) Suggested Match
C) Matches with Tolerance
D) One to One
E) Adjustment
2. Which is NOT a step in the process for reconciliation compliance?
A) execute automation like Automatic Recon and Rules
B) confirm suggested matches
C) load balances
D) prepare reconciliations
3. Which is true when you reopen a reconciliation?
A) You select the role to which it reopens to.
B) It reopens to the preparer.
C) It reopens to the service administrator.
D) It reopens to the last reviewer.
4. Which keyword in a Teams import file identifies the section with the team members?
A) #team_children
B) #team
C) #dependents
D) #team_items
5. Which two options indicate the minimum and respectively the maximum number of currency buckets you can
enable? (Choose two.)
A) one
B) four
C) three
D) two
Solutions:
| Question # 1 Answer: B,E | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: A,C |
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