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Oracle 1z0-1087-23 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Account Reconciliation 2023 Implementation Professional |
| Exam Number: | 1Z0-1087-23 |
| Available Languages: | English |
| Exam Format: | Multiple Choice |
| Real Exam Qty: | 60 |
| Exam Price: | $245 USD |
| Certificate Validity Period: | 3 years |
| Exam Duration: | 90 minutes |
| Related Certifications: | Oracle Enterprise Performance Management (EPM) Cloud Implementation Professional |
| Passing Score: | 68% |
| Recommended Training: | Oracle Account Reconciliation 2023: Implementation Training |
| Exam Registration: | Pearson VUE Booking Oracle University Registration |
| Sample Questions: | Oracle 1z0-1087-23 Sample Questions |
| Exam Way: | Online proctored or onsite at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; recommended experience with Oracle EPM Cloud and Account Reconciliation implementation |
| Official Syllabus URL: | https://education.oracle.com/oracle-account-reconciliation-2023-implementation-professional/pexam_1Z0-1087-23 |
Oracle 1z0-1087-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Managing Reconciliations | 20% | - Use summary and group reconciliations - Manage period status and reconciliation lifecycle - Review, approve, reject and reopen reconciliations - Create different reconciliation types |
| Topic 2: Loading and Managing Data | 15% | - Load balances and transactions - Use EPM Automate and REST APIs - Import via Data Management and Data Integration |
| Topic 3: Overview and Navigation | 10% | - Describe reconciliation methods - Navigate the application interface - Explain user roles and access control |
| Topic 4: Configuring Reconciliation Compliance | 25% | - Create and manage profiles - Define teams and workflow assignments - Set up calendars and periods - Create and manage formats |
| Topic 5: Configuring Transaction Matching | 15% | - Run auto-match and confirm results - Define matching rules and processes - Export adjustments and journals - Create match types and data sources |
| Topic 6: Creating and Managing Rules | 15% | - Configure validation and alert rules - Add calculated attributes and filters - Apply rules to formats and profiles |
Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:
1. Which statement is FALSE about reconciliations when the period is Closed?
A) You can load data to reconciliations for the period.
B) Reviewers can approve reconciliations under review.
C) Reconciliations with Pending status can start.
D) Preparers can submit reconciliations with Open status.
2. From which two dates defined in the period can you schedule reconciliations? (Choose two.)
A) close date
B) prior period end date
C) start date
D) end date
3. You are creating a matching rule, and you want transactions that are within the specified tolerance range to be
matched automatically, with no need for further user review.
Which option should you choose for the Match Status?
A) Auto Submit
B) Confirmed
C) Suggested
D) Auto Approve
4. What happens when you select the Key option for a data source attribute?
A) Values are required for the attribute.
B) The attribute is hidden from users.
C) Transactions are sorted by the attribute.
D) Transactions with the same key attributes cannot be loaded.
5. Which statement is always true of data loads from Data Management?
A) You cannot load data into reconciliations with a status of Closed.
B) You must select either Actual or Budget as the scenario for the data.
C) If there is no change in the balance, the reconciliation is not updated.
D) Only users with the administrator role can run data loads.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A,D | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: B |
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