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

Oracle 1Z0-1087-22 Online Questions & Answers

• Question 51:

  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.
  C. On the Reassignment Requests tab in System Settings, in the Allow Reassignment Request Approval By option, select Users.

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  Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/raarc/admin_reassignment_requests_latest.108xe8804cd8.html

• Question 52:

  Which statement about manual matching in transaction matching is FALSE?

  A. You can manually match transactions only if the amounts are within the tolerance.
  B. Transactions for which auto-matching rules did not find matches can be manually matched.
  C. You must be a power user or service administrator to create manual matches.
  D. You can create adjustments to balance a match set.
  A. You can manually match transactions only if the amounts are within the tolerance.

• Question 53:

  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 54:

  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 55:

  Which is NOT a step in configuring journals in Transaction Matching?

  A. create journal columns
  B. map journal columns to data source attribute columns
  C. define data source filters
  D. create journal templates
  D. create journal templates

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  Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/suarc/GUID-52A3F1EF-7D35-41F5-A284-861268631470.pdf (10-2)

• Question 56:

  When can you run auto-matching for a transaction matching reconciliation?

  A. after you load transactions to the reconciliation data sources
  B. after the period end date is reached
  C. after the reconciliation meets its start date
  D. after the reconciliation status changes to Open With Preparer
  A. after you load transactions to the reconciliation data sources

• Question 57:

  Which three fields are required in a load file for pre-mapped balances?

  A. Currency Code
  B. Currency Bucket
  C. Period
  D. Reconciliation ID
  E. Entity
  F. Amount
  A. Currency Code
  D. Reconciliation ID
  F. Amount

• Question 58:

  An error occurs during an import transactions job for a match type. What is the result of the job?

  A. The job deletes all match type transactions, and the job status is set to Failed and Deleted,
  B. Successfully imported transactions are committed to the system, failed transactions are logged, and thejob status is set to Completed with Errors.
  C. The entire import is rolled back, and the job status is set to Failed.
  D. The transactions are not imported, the match type is locked, and the job status it set to Failed and Locked.
  B. Successfully imported transactions are committed to the system, failed transactions are logged, and thejob status is set to Completed with Errors.

• Question 59:

  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.
  C. Only power users and service administrators can publish filters.

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  https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/suarc/GUID-52A3F1EF-7D35-41F5-A284-861268631470.pdf Saved filter are not public by default

• Question 60:

  Which statement is FALSE about reconciliations that use the Transaction Matching Only reconciliation method?

  A. They display in both the Reconciliations list and the Matching list.
  B. They do not participate in period-end compliance workflow.
  C. They do not need to be created for periods.
  D. You must create profiles for them.
  A. They display in both the Reconciliations list and the Matching list.

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  TM only method are not displayed in reconciliations list