1Z0-1087-20 Exam Details

  • Exam Code
    :1Z0-1087-20
  • Exam Name
    :Oracle Account Reconciliation 2020 Implementation Essentials
  • Certification
    :Oracle Certifications
  • Vendor
    :Oracle
  • Total Questions
    :60 Q&As
  • Last Updated
    :Jul 13, 2026

Oracle 1Z0-1087-20 Online Questions & Answers

  • Question 1:

    You want the holidays to be skipped when scheduling due dates for reconciliations for an organizational unit. What should you do?

    A. Edit the due date in the reconciliations for the organizational unit.
    B. Create a holiday rule and assign it to the organizational unit.
    C. Create a calendar and assign it to the organizational unit.
    D. Add a rule to the Rules tab of the profiles for the reconciliations.

  • Question 2:

    Which statement is true about saved filters?

    A. Any user can publish a saved filter that they created.
    B. Saved Filters are public by default.
    C. Only power users and service administrators can publish filters.
    D. Only service administrators can publish filters.

  • Question 3:

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

    A. You must select either Actual or Budget as the scenario for the data.
    B. You cannot load data into reconciliations with a status of Closed.
    C. Only users with the administrator role can run data loads.
    D. If there is no change in the balance, the reconciliation is not updated.

  • Question 4:

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

    A. SWIFT MT940
    B. BAI
    C. EDI
    D. XML

  • Question 5:

    Which two rule types are available in profiles? (Choose two.)

    A. Flag As Needs Attention
    B. Auto Approve Reconciliation
    C. Require Reconciliation Attachment
    D. Delete Reconciliation
    E. Copy Transactions from Prior Reconciliation

  • Question 6:

    Which two conditions can make a profile invalid? (Choose two.)

    A. The Normal Balance setting does not match the account type.
    B. No preparer is assigned on the Workflow tab.
    C. No currency buckets are enabled.
    D. Aging limits have not been specified.

  • Question 7:

    When a user requests that responsibility for a reconciliation be reassigned to John, who is another regular user, John should be able to approve the request. How can this be configured?

    A. In his User Preferences, John should select the Approve Reassignments option.
    B. Add John to the Reassignment Approvers security group.
    C. On the Reassignment Requests tab in System Settings, in the Allow Reassignment Request Approval By option, select Users.
    D. On the Manage Users tab of the Access Control page, assign John the Reassignment Approvers role.

  • Question 8:

    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?

    A. Reconciliations List
    B. Overview Dashboard
    C. Compliance Dashboard
    D. Worklist

  • Question 9:

    How can you configure a profile for reconciliation compliance to show the variance between a current period balance and a prior period balance in a separate workflow from the reconciliation?

    A. On the currency tab, enable a currency bucket for that prior period balance.
    B. Add a rule to the Rules tab.
    C. Select a format with the Variance Analysis reconciliation method for the profile.
    D. Create a calculated attribute to compare the prior period balance to the current period balance and add it to the profile.

  • Question 10:

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

    A. The Data Management data load fails.
    B. You are prompted whether to overwrite the pre-mapped balances.
    C. The balances loaded through Data Management overwrite the pre-mapped balances.
    D. The reconciliation takes the balances loaded through Data Management and the pre-mapped balance load, and totals them.

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