Oracle 1Z0-1087-22 Online Practice Questions and Exam Preparation

Oracle 1Z0-1087-22 Online Questions & Answers

• Question 1:

  Which two auto-reconciliation methods for reconciliations use the Account Analysis format?

  A. Unexplained difference is zero
  B. Balance is zero
  C. Zero activity
  D. Balance is normal
  E. No transactions
  A. Unexplained difference is zero
  B. Balance is zero

• Question 2:

  Which statement is FALSE about calendars?

  A. Calendars are associated with periods and organizationalunits.
  B. One period may have many calendars to reflect different date configurations for the period.
  C. An organizational unit can be assigned many calendars to enable reconciliations for different financial dates.
  D. Calendars set the dates and frequencies for each period.
  D. Calendars set the dates and frequencies for each period.

• Question 3:

  A team has been assigned as the preparer for a reconciliation, and one team member is designated as the primaryuser.

  What characterizes the primary user?

  A. The system automatically re-assigned the reconciliation to the primary user when the current preparer is out of the office.
  B. The primary user must approve the reconciliation before the preparer submits the reconciliation.
  C. The primary user can edit the reconciliation properties.
  D. The system automatically claims the reconciliation for the primary use when the reconciliation status changes to Open (with preparer).
  D. The system automatically claims the reconciliation for the primary use when the reconciliation status changes to Open (with preparer).

• Question 4:

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

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

• Question 5:

  Which rule runs during the post-processing of data loads?

  A. Send Email On Update
  B. CreateReconciliations
  C. Copy Transactions
  D. Auto Match Transactions
  E. Auto Submit Reconciliation
  D. Auto Match Transactions

• Question 6:

  Which statement is FALSE about the profile segments?

  A. You cannot change the profile segments after you have loaded profiles.
  B. The profile segments control the mapping of balances to reconciliations.
  C. The profile segments are configured as part of the system attributes,
  D. The profile segments specify the level at which the organization reconcile account balances.
  D. The profile segments specify the level at which the organization reconcile account balances.

• Question 7:

  Which two tasks can be performed using EPM Automate?

  A. Set period status.
  B. Export journals.
  C. Import match types.
  D. Load pre-mapped balances.
  B. Export journals.
  C. Import match types.

• Question 8:

  Which two statements are true about reconciliation compliance filters?

  A. They can control the records that you see in the list views.
  B. They can be used by the rules engine.
  C. They allow you to save columns to view records on the screen.
  D. You can apply them against unmatched transactions.
  B. They can be used by the rules engine.
  C. They allow you to save columns to view records on the screen.

• Question 9:

  The objects within the match type refer to data sources, the data source attributes, the match processes, the rules, and the rule conditions. Which statement is FALSE aboutimporting a match type with the same name as an existing match type?

  A. Objects that exist in the system but not in the import file are deleted.
  B. New objects are created in the system from the objects in the import file if they do not exist.
  C. Objects with the same name in the system as in the import file are not updated.
  D. Objects from the import file overwrite objects with the same name in the system.
  A. Objects that exist in the system but not in the import file are deleted.

• Question 10:

  Which is true when you reopen a reconciliation?

  A. It reopens to the service administrator.
  B. It reopens to the last reviewer.
  C. You select the role to which it reopens to.
  D. It reopens to the preparer.
  B. It reopens to the last reviewer.