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

Oracle 1Z0-1087-22 Online Questions & Answers

• Question 31:

  Which two are tasks you can perform when confirming suggested matches with adjustments in the Suggested Matches list? (Choose two.)

  A. Select the data source to adjust.
  B. Select an Adjustment Type.
  C. Enter an adjustment amount.
  D. Enter a date for the adjustment.
  A. Select the data source to adjust.
  B. Select an Adjustment Type.

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  Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/raarc/reconcile_trans_match_confirm_suggested_102x6d3e231b.html

• Question 32:

  In the Balance Explanations tab of the Prepaid Expenses reconciliation, you want to include the transactions and attachments from the prior period in the current period. Which action should you perform?

  A. In the Balance Explanations tab of the current period reconciliation, select `Copy Transactions from Prior Reconciliation'.
  B. In the profile for Prepaid Expenses reconciliations, select `Include Prior Period Transactions'.
  C. In the Reconciliations list, copy the reconciliation from the prior period and paste it into the current period.
  D. Export the transactions from the prior period reconciliation and then import them to the current period reconciliation.
  A. In the Balance Explanations tab of the current period reconciliation, select `Copy Transactions from Prior Reconciliation'.

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  https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/raarc/admin_recons_transactions_copy_from_prior_recons_112xe1bd8c5f.html

• Question 33:

  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
  A. SWIFT MT940
  B. BAI

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  Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/erpia/considerations_for_arcs_102x30053848.html

• Question 34:

  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.
  C. The balances loaded through Data Management overwrite the pre-mapped balances.

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  Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/adarc/admin_import_premapped_balances_102xfdf77b0f.html

• Question 35:

  Which statement is true regarding the Normal Balance attribute in a profile?

  A. It is assigned automatically based on the account type.
  B. Preparers cannot save a reconciliation if the balance type is other than expected.
  C. When it is selected, reconciliations display a warning if their balance is zero.
  D. Reconciliations display a warning if the balance type is other than expected.
  D. Reconciliations display a warning if the balance type is other than expected.

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  Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/suarc/setup_profile_create_profile_106xc6e8be7c.html

• Question 36:

  You want to load balances for both the Entered currency bucket and the Functional currency bucket in a single data load. Which tool should you use?

  A. `Import pre-mapped balances' option in the Periods page
  B. Data Management data load rule
  C. Smart View
  D. Supplemental Data Management form
  B. Data Management data load rule

• Question 37:

  Which two are tasks that can be performed using EPM Automate? (Choose two.)

  A. set period status
  B. import premapped data
  C. export balances
  D. export journals
  A. set period status
  B. import premapped data

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  SetPeriodSatus command in EPMA

• Question 38:

  Which statement about journals in transaction matching is FALSE?

  A. You create separate journal column mappings for adjustments and transactions.
  B. For transactions, you can apply a data source filter to the export.
  C. You create separate journal columns for each match type.
  D. For adjustments, the variance amount is exported to the Amount column.
  D. For adjustments, the variance amount is exported to the Amount column.

• Question 39:

  Which expression do you include in the Expression field of the Amount column in an import format to ensure that zero balances are loaded?

  A. Source system
  B. NZP
  D. Include Null
  B. NZP

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  Reference: https://docs.oracle.com/cd/E57185_01/FDMAG/ch01s14s08s05.html

• Question 40:

  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.
  B. Create a holiday rule and assign it to the organizational unit.

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  Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/suarc/setup_holiday_rules_create_112xd058af2d.html