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Oracle 1z0-1087-22 Exam Syllabus Topics:

Topic Details
Topic 1
  • Describe Individual, Group, and Summary Reconciliations
  • Review, Approve, Reject, and Reopen reconciliations
Topic 2
  • Describe 5 balancing scenarios (Golden Rules)
  • Import Transactions to Data Sources
  • Define Currency Rates and Currency Buckets
Topic 3
  • Describe methods of loading data (including EPM Automate and REST APIs)
  • Describe user roles (Administrator, Power User, User, Viewer)
Topic 4
  • Set Up Organization Units and Calendars
  • Load Data Using Data Integration
  • Perform Transaction Matching
Topic 5
  • Identify Use Cases – Clearing or Accrual Reconciliations, Reconciling Debits and Credits
  • Add calculated attributes and filters
Topic 6
  • Configure Match Processes (including matching rules)
  • Export adjustments or transactions as journal entries
Topic 7
  • Create Match Types (Data Sources, Attributes, Transaction Types)
  • Explain Processes for Reconciliation Compliance (5 step process)
Topic 8
  • Import Data Using Data Management
  • Create and delete Reconciliations
  • Review Transaction Matching Period-End Balancing
Topic 9
  • Describe Reconciliation Methods
  • Transfer reconciliations between users
  • Configuring Reconciliation Compliance

Oracle Account Reconciliation 2022 Implementation Professional Sample Questions (Q14-Q19):

NEW QUESTION # 14
Which two attribute types are required for each data source? (Choose two.)

  • A. Calculation
  • B. Key Field
  • C. Accounting Date
  • D. Balancing Attribute

Answer: C,D
NEW QUESTION # 15
Which two statements are true about match types with Pending status?

  • A. You can load data to Pending reconciliations for the match type.
  • B. You can perform matching on reconciliations for the match type.
  • C. You cannot edit the matching rules.
  • D. You can edit the data sources attributes.

Answer: A,B
NEW QUESTION # 16
Where do you navigate to configure power users access to profiles?

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

Answer: D
NEW QUESTION # 17
Which statement regarding user-defined attributes is FALSE?

  • A. You can no longer add/edit attributes after reconciliations are created.
  • B. You can assign access by user role.
  • C. They can be assigned default value.
  • D. They can include calculated values.

Answer: A
NEW QUESTION # 18
You want to require that preparers answer a question certifying that they followed the company accounting policies in preparing the reconciliation.
Where do you add the questions?

  • A. to the match type
  • B. to the profile
  • C. to the reconciliation
  • D. to the format

Answer: D
NEW QUESTION # 19
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