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

Oracle 1Z0-1087-22 Online Questions & Answers

• Question 71:

  Which statement about loading pre-mapped balances is FALSE?

  A. You can drill back to the ERP from the reconciliation screen.
  B. You must select a currency bucket for the import.
  C. You must select a period to which to load the balances.
  D. You can import from either tab separated or comma separated files.
  A. You can drill back to the ERP from the reconciliation screen.

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

• Question 72:

  Which is NOT a step in the process for reconciliation compliance?

  A. prepare reconciliations
  B. execute automation like Automatic Recon and Rules
  C. load balances
  D. confirm suggested matches
  D. confirm suggested matches

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  Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/raarc/get_start_overview_process_102xfae1510c.html

• Question 73:

  Which is the minimum user security role required to edit profiles?

  A. Service Administrator
  B. User
  C. Power User
  D. Viewer
  B. User

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  Reference: https://docs.oracle.com/en/cloud/saas/applications-common/20c/faser/security-in-oracle-financials.html#FASER2146963

• Question 74:

  What happens when you select the Key option for a data source attribute?

  A. Transactions with the same key attributes cannot be loaded.
  B. The attribute is hidden from users.
  C. Transactions are sorted by the attribute.
  D. Values are required for the attribute.
  A. Transactions with the same key attributes cannot be loaded.

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  The Key setting is a way to uniquely identify a record in the database. You can select one or more attributes as Keys for the duplicate check. The Transaction Import will not load a file if the file contains one or more transactions that match a Key that has already been loaded.

• Question 75:

  Which statement is FALSE about Summary reconciliations?

  A. The Group Detail tab shows transactions for the sub segments.
  B. You can select Show All on the Balance Summary tab to view balances for the child reconciliations.
  C. Summary reconciliations include other individual reconciliations as children.
  D. The Unexplained Difference on the Balance Summary tab shows the total unexplained difference for all the child reconciliations.
  A. The Group Detail tab shows transactions for the sub segments.

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

• Question 76:

  Which two are properties of the organizational unit? (Choose two.)

  A. work days
  B. calendar
  C. language
  D. tax jurisdiction
  A. work days
  B. calendar

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  Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/suarc/setup_org_units_add_120xd0591c49.html

• Question 77:

  Which two are matching rule types?

  A. Matches Exactly
  B. Matches with Tolerance
  C. Suggested Match
  D. Adjustment
  E. One to One
  C. Suggested Match
  D. Adjustment

• Question 78:

  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
  C. Compliance Dashboard

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  Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/raarc/GUID-66348188-2CE7-4B0E-B239-0EBB40EC1C5F.pdf (2-14)

• Question 79:

  Which statement is FALSE about the review process in reconciliation compliance?

  A. Reviewers are sent notifications.
  B. You can have up to seven levels of review.
  C. You can assign backup reviewers.
  D. You can assign a team as reviewer.
  D. You can assign a team as reviewer.