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Exam Code: 1z0-1087-23
Exam Name: Oracle Account Reconciliation 2023 Implementation Professional
Updated: Aug 06, 2026
Q & A: 81 Questions and Answers
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| Section | Objectives |
|---|---|
| Topic 1: Reporting and Troubleshooting | - System troubleshooting
|
| Topic 2: Configuration and Setup | - Reconciliation configuration
|
| Topic 3: Workflow and Controls | - Workflow management
|
| Topic 4: Integration and Data Management | - Data integration
|
| Topic 5: Reconciliation Process Management | - Balance reconciliation
|
| Topic 6: Oracle Account Reconciliation Cloud Service Overview | - Core concepts of Account Reconciliation Cloud (ARCS)
|
1. Which statement is FALSE of teams?
A) Teams can be assigned a primary user.
B) A user can belong to more than one team.
C) A team can have another team as a member.
D) Teams are assigned to profiles on the Workflow tab.
2. Which two options indicate the minimum and respectively the maximum number of currency buckets you can
enable? (Choose two.)
A) two
B) three
C) four
D) one
3. When can you run auto-matching for a transaction matching reconciliation?
A) after the reconciliation meets its start date
B) after the reconciliation status changes to Open With Preparer
C) after you load transactions to the reconciliation data sources
D) after the period end date is reached
4. When would you use the Variance Analysis reconciliation method?
A) To reconcile the same balance across general ledgers that follow different governing rules.
B) To explain the difference in balances from the standards set by an organization in its budget.
C) To justify each detail line of the total balance for the period.
D) To explain the difference in balances within the same account over different periods.
5. Which two are tasks that can be performed using EPM Automate? (Choose two.)
A) export journals
B) import premapped data
C) set period status
D) export balances
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B,D | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: B,D |
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