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

Oracle 1Z0-1087-22 Online Questions & Answers

• Question 11:

  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.
  B. No preparer is assigned on the Workflow tab.
  C. No currency buckets are enabled.

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  Currency bucket must be selected for profile

• Question 12:

  Which three statements are true about importing transaction matching transactions from the Jobs page? (Choose three.)

  A. You select a separate load file for each data source.
  B. You can select comma or tab for delimiter, or enter a user-defined delimiter.
  C. You can import transactions to a match type only if its status is Pending.
  D. Auto-match can run automatically after the import is finished.
  E. You must select a match type for the import.
  A. You select a separate load file for each data source.
  D. Auto-match can run automatically after the import is finished.
  E. You must select a match type for the import.

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  Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/raarc/reconcile_trans_match_create_run_jobs_104x6dc77eb2.html

• Question 13:

  Which keyword in a Teams import file identifies the section with the team members?

  A. #team_children
  B. #team
  C. #team_items
  D. #dependents
  A. #team_children

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  #team_children identifies list of team members Chapter 19-9 https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/adarc/GUID-3B2518AE-A5E5-44CD-A032-5CB119F087FE.pdf

• Question 14:

  Which statement regarding user-defined attributes is FALSE?

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

• Question 15:

  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 16:

  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 17:

  Which is required for a valid profile?

  A. at least one level of review
  B. at least one question
  C. at least one rule
  D. at least one currency bucket
  D. at least one currency bucket

• Question 18:

  Which three types of reconciliations are suitable for the Transaction Matching feature? (Choose three.)

  A. reconciliations with a single data source, like a clearing account
  B. reconciliations that are typically zero balance accounts with low activity
  C. reconciliations that have amortizing transactions
  D. reconciliations with 2 or more data sources, like a cash or accounts receivable account
  E. accounts with high volumes of data
  A. reconciliations with a single data source, like a clearing account
  D. reconciliations with 2 or more data sources, like a cash or accounts receivable account
  E. accounts with high volumes of data

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  TM is used to automate high volume reconciliations.

  Chapter6-1 https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/adarc/GUID-3B2518AE-A5E5-44CD-A032-5CB119F087FE.pdf

• Question 19:

  Which transaction matching method is used to match the transactions betweentwo systems if period-end reconciliation is not the objective?

  A. Transaction Matching Only
  B. Variance Analysis with Transaction Matching
  C. Balance Comparison with Transaction Matching
  D. Account Analysis with Transaction Matching
  B. Variance Analysis with Transaction Matching

• Question 20:

  You are a preparer with the User role and you are going on vacation.

  How can you assign responsibility for reconciliations currently open with you to the backup preparer?

  A. In the Workflow tab of the reconciliations, select a backup preparer in the Backup Preparer field.
  B. In User Preferences, change your status to Out of Office.
  C. In the Actions menu of the reconciliations, select Request Reassignment.
  D. Click the Release button in the reconciliations to release it to the other team members.
  A. In the Workflow tab of the reconciliations, select a backup preparer in the Backup Preparer field.

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  Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/adarc/admin_recons_edit_100xd76326fc.html