1z0-1087-22 Dumps PDF 2023 Program Your Preparation EXAM SUCCESS [Q25-Q49]

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1z0-1087-22 Dumps PDF 2023 Program Your Preparation EXAM SUCCESS

Get Perfect Results with Premium 1z0-1087-22 Dumps Updated 80 Questions

The Oracle 1z0-1087-22 certification exam covers a wide range of topics related to the implementation of the Oracle Account Reconciliation Cloud Service. The exam tests your knowledge of various features and functionalities of the service, including the creation of reconciliation profiles, transaction matching, period close management, and reporting.

The Oracle 1z0-1087-22 exam is designed for professionals who want to demonstrate their expertise in Oracle Account Reconciliation. It is a certification exam that focuses on testing the candidate’s knowledge and skills in implementing and maintaining Oracle Account Reconciliation solutions. The exam is intended for professionals who work as consultants, administrators, or developers and have experience with Oracle technologies.

Q25. Which two statements are true about Group reconciliations? (Choose two.)

Group reconciliations include other individual reconciliations as children.

You cannot use Data Management to import balances for group reconciliations.

The format for the reconciliation must be enabled for Group Reconciliation.

The Group Detail tab shows data for the group reconciliation sub segments.

You can import balances into periods as pre-mapped data.

Q26. What results if you load balances using Data Management to a period to which you previously imported pre- mapped balances?

The Data Management data load fails.

You are prompted whether to overwrite the pre-mapped balances.

The balances loaded through Data Management overwrite the pre-mapped balances.

The reconciliation takes the balances loaded through Data Management and the pre-mapped balance load, and totals them.

Q27. You want to load balances for both the Entered currency bucket and the Functional currency bucket in a single data load.
Which tool should you use?

‘Import pre-mapped balances’ option in the Periods page

Data Management data load rule

Smart View

Supplemental Data Management form

Q28. Which two options indicate the minimum and respectively the maximum number of currency buckets you can enable? (Choose two.)

two

four

one

three

Q29. The transaction matching period-end reconciliation displays an unexplained difference other than zero. Which two are possible explanations? (Choose two.)

Currency exchanges rates are out of date.

Journal adjustments created were not posted.

You do not have security access to all the transactions.

The data load for transactions was incomplete.

Q30. Which statement is FALSE regarding user-defined attributes?

You can no longer add/edit attributes after reconciliations are created.

They can be added to formats, profiles, and transactions.

They can include calculated values.

You can assign access to attributes by user role.

Q31. Which statement is true about saved filters?

Any user can publish a saved filter that they created.

Saved Filters are public by default.

Only power users and service administrators can publish filters.

Only service administrators can publish filters.

Q32. Which two are properties of the organizational unit? (Choose two.)

work days

calendar

language

tax jurisdiction

Q33. You are using EPM Automate commands to automate data load to Account Reconciliation.
In which scenario should you use EPM Automate to load the data through Data Management rather than directly into Account Reconciliation?

Your data includes fields with blank values.

You are loading data to the Reporting currency bucket.

You are loading more than 1000 transactions.

You want to import one concatenated field from the source file, rather than two separate fields.

Q34. Which statement is FALSE of teams?

Teams are assigned to profiles on the Workflow tab.

A team can have another team as a member.

Teams can be assigned a primary user.

A user can belong to more than one team.

Q35. Which expression do you include in the Expression field of the Amount column in an import format to ensure that zero balances are loaded?

Source system

NZP

Include Null

Q36. Which statement is true regarding the Normal Balance attribute in a profile?

It is assigned automatically based on the account type.

Preparers cannot save a reconciliation if the balance type is other than expected.

When it is selected, reconciliations display a warning if their balance is zero.

Reconciliations display a warning if the balance type is other than expected.

Q37. Which statement about manual matching in transaction matching is FALSE?

You can manually match transactions only if the amounts are within the tolerance.

Transactions for which auto-matching rules did not find matches can be manually matched.

You must be a power user or service administrator to create manual matches.

You can create adjustments to balance a match set.

Q38. Which two statements are correct about deleting reconciliations? (Choose two.)

The reconciliation status must be Pending.

Only the preparer of the reconciliation can delete the reconciliation.

The balances loaded for a period are not deleted when the reconciliation is deleted.

Only a Service Administrator or a Power User can delete a reconciliation.

Q39. Which statement is FALSE about reconciliations that use the Transaction Matching Only reconciliation method?

They display in both the Reconciliations list and the Matching list.

They do not participate in period-end compliance workflow.

They do not need to be created for periods.

You must create profiles for them.

Q40. What happens when you load balances to a reconciliation with the status Closed or Open With Reviewer and the balance is different than what was already Certified?

The status reverts to Pending.

The import fails.

The status reverts to Open with Preparer.

The status is unchanged but a notification is sent to the related users.

Q41. Which statement is always true of data loads from Data Management?

You must select either Actual or Budget as the scenario for the data.

You cannot load data into reconciliations with a status of Closed.

Only users with the administrator role can run data loads.

If there is no change in the balance, the reconciliation is not updated.

Q42. Which statement about journals in transaction matching is FALSE?

You create separate journal column mappings for adjustments and transactions.

For transactions, you can apply a data source filter to the export.

You create separate journal columns for each match type.

For adjustments, the variance amount is exported to the Amount column.

Q43. Which statement is FALSE about the review process in reconciliation compliance?

Reviewers are sent notifications.

You can have up to seven levels of review.

You can assign backup reviewers.

You can assign a team as reviewer.

Q44. Which two statements are true about match types with Pending status?

You can edit the data sources attributes.

You can load data to Pending reconciliations for the match type.

You can perform matching on reconciliations for the match type.

You cannot edit the matching rules.

Q45. Which ability does NOT belong to users with the Power User role?

edit formats to which they are assigned access

prepare reconciliations

review reconciliations

edit profiles to which they are assigned access

Q46. When can you run auto-matching for a transaction matching reconciliation?

after you load transactions to the reconciliation data sources

after the period end date is reached

after the reconciliation meets its start date

after the reconciliation status changes to Open With Preparer

Q47. Which two Bank File formats does Account Reconciliation support using pre-built adapters in Data Management? (Choose two.)

SWIFT MT940

BAI

EDI

XML

Q48. Where can a service administrator navigate to view, by user, how many reconciliations were completed on time, how many are late, and how many were rejected?

Reconciliations List

Overview Dashboard

Compliance Dashboard

Worklist

Q49. Which two are tasks you can perform when confirming suggested matches with adjustments in the Suggested Matches list? (Choose two.)

Select the data source to adjust.

Select an Adjustment Type.

Enter an adjustment amount.

Enter a date for the adjustment.

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