2023 Valid 1z0-1087-23 FREE EXAM DUMPS QUESTIONS & ANSWERS
Free 1z0-1087-23 Exam Braindumps Oracle Pratice Exam
NEW QUESTION # 24
Which is NOT an attribute type for reconciliation compliance attributes?
- A. True/False
- B. Number
- C. Location
- D. Yes/No
Answer: C
NEW QUESTION # 25
Which two statements are true about importing and exporting match types? (Choose two.)
- A. Import can update match types with Pending status only.
- B. Match types are exported to a .zip folder.
- C. Match types are exported to comma-separated (CSV) files.
- D. Import can update match types with Approved status only.
Answer: A,C
NEW QUESTION # 26
Which ability does NOT belong to users with the Power User role?
- A. edit formats to which they are assigned access
- B. edit profiles to which they are assigned access
- C. prepare reconciliations
- D. review reconciliations
Answer: A
NEW QUESTION # 27
Which statement is FALSE about the review process in reconciliation compliance?
- A. You can have up to seven levels of review.
- B. You can assign a team as reviewer.
- C. You can assign backup reviewers.
- D. Reviewers are sent notifications.
Answer: B
NEW QUESTION # 28
To which do you assign default currencies?
- A. organizational units
- B. currency buckets
- C. account ids
- D. formats
Answer: B
NEW QUESTION # 29
What happens when you load balances to a reconciliation with the status Closed or Open With Reviewer and
the balance is different than what was already Certified?
- A. The status reverts to Pending.
- B. The status is unchanged but a notification is sent to the related users.
- C. The import fails.
- D. The status reverts to Open with Preparer.
Answer: D
NEW QUESTION # 30
From which two dates defined in the period can you schedule reconciliations? (Choose two.)
- A. prior period end date
- B. close date
- C. start date
- D. end date
Answer: B,D
NEW QUESTION # 31
Which statement is FALSE about calendars?
- A. An organizational unit can be assigned many calendars to enable reconciliations for different financial
dates. - B. One period may have many calendars to reflect different date configurations for the period.
- C. Calendars are associated with periods and organizational units.
- D. Calendars set the dates and frequencies for each period.
Answer: D
NEW QUESTION # 32
Which two rule types are available in profiles? (Choose two.)
- A. Copy Transactions from Prior Reconciliation
- B. Auto Approve Reconciliation
- C. Flag As Needs Attention
- D. Require Reconciliation Attachment
- E. Delete Reconciliation
Answer: A,B
NEW QUESTION # 33
Which is the minimum user security role required to edit profiles?
- A. Service Administrator
- B. User
- C. Power User
- D. Viewer
Answer: B
NEW QUESTION # 34
Which statement about manual matching in transaction matching is FALSE?
- A. You must be a power user or service administrator to create manual matches.
- B. You can manually match transactions only if the amounts are within the tolerance.
- C. Transactions for which auto-matching rules did not find matches can be manually matched.
- D. You can create adjustments to balance a match set.
Answer: B
NEW QUESTION # 35
Which two tasks can be performed using EPM Automate?
- A. Import match types.
- B. Set period status.
- C. Load pre-mapped balances.
- D. Export journals.
Answer: A,D
NEW QUESTION # 36
Which rule runs during the post-processing of data loads?
- A. Create Reconciliations
- B. Auto Submit Reconciliation
- C. Copy Transactions
- D. Auto Match Transactions
- E. Send Email On Update
Answer: D
NEW QUESTION # 37
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.
Answer: A
NEW QUESTION # 38
Which two are matching rule types?
- A. Matches with Tolerance
- B. Adjustment
- C. Suggested Match
- D. One to One
- E. Matches Exactly
Answer: B,C
NEW QUESTION # 39
Which statement is FALSE about reconciliations that use the Transaction Matching Only reconciliation
method?
- A. They do not participate in period-end compliance workflow.
- B. You must create profiles for them.
- C. They display in both the Reconciliations list and the Matching list.
- D. They do not need to be created for periods.
Answer: B
NEW QUESTION # 40
When can you run auto-matching for a transaction matching reconciliation?
- A. after the reconciliation meets its start date
- B. after the reconciliation status changes to Open With Preparer
- C. after you load transactions to the reconciliation data sources
- D. after the period end date is reached
Answer: C
NEW QUESTION # 41
Which transaction matching method is used to match the transactions between two systems if period-end
reconciliation is not the objective?
- A. Balance Comparison with Transaction Matching
- B. Transaction Matching Only
- C. Variance Analysis with Transaction Matching
- D. Account Analysis with Transaction Matching
Answer: C
NEW QUESTION # 42
Which two auto-reconciliation methods for reconciliations use the Account Analysis format?
- A. No transactions
- B. Balance is zero
- C. Balance is normal
- D. Zero activity
- E. Unexplained difference is zero
Answer: B,E
NEW QUESTION # 43
Which statement is FALSE regarding user-defined attributes?
- A. They can include calculated values.
- B. They can be added to formats, profiles, and transactions.
- C. You can assign access to attributes by user role.
- D. You can no longer add/edit attributes after reconciliations are created.
Answer: D
NEW QUESTION # 44
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