Oracle 1z0-1087-22 Real Exam Questions and Answers FREE
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Oracle 1z0-1087-22 Exam Syllabus Topics:
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NEW QUESTION 20
Which is NOT an attribute type for reconciliation compliance attributes?
- A. Number
- B. Location
- C. Yes/No
- D. True/False
Answer: B
NEW QUESTION 21
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. They do not need to be created for periods.
- C. You must create profiles for them.
- D. They display in both the Reconciliations list and the Matching list.
Answer: C
NEW QUESTION 22
To which do you assign default currencies?
- A. formats
- B. account ids
- C. currency buckets
- D. organizational units
Answer: C
NEW QUESTION 23
Which statement is FALSE about reconciliations when the period is Closed?
- A. You can load data to reconciliations for the period.
- B. Reviewers can approve reconciliations under review.
- C. Preparers can submit reconciliations with Open status.
- D. Reconciliations with Pending status can start.
Answer: A
NEW QUESTION 24
Which two statements are true about importing and exporting match types? (Choose two.)
- A. Import can update match types with Approved status only.
- B. Import can update match types with Pending status only.
- C. Match types are exported to a .zip folder.
- D. Match types are exported to comma-separated (CSV) files.
Answer: B,D
NEW QUESTION 25
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 about importing 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 from the import file overwrite objects with the same name in the system.
- D. Objects with the same name in the system as in the import file are not updated.
Answer: A
NEW QUESTION 26
Which three fields are required in a load file for pre-mapped balances?
- A. Reconciliation ID
- B. Currency Code
- C. Currency Bucket
- D. Amount
- E. Period
- F. Entity
Answer: A,B,D
NEW QUESTION 27
Which two statements are correct about deleting reconciliations? (Choose two.)
- A. The reconciliation status must be Pending.
- B. The balances loaded for a period are not deleted when the reconciliation is deleted.
- C. Only a Service Administrator or a Power User can delete a reconciliation.
- D. Only the preparer of the reconciliation can delete the reconciliation.
Answer: B,D
NEW QUESTION 28
Which three types of reconciliations are suitable for the Transaction Matching feature? (Choose three.)
- A. reconciliations that are typically zero balance accounts with low activity
- B. accounts with high volumes of data
- C. reconciliations that have amortizing transactions
- D. reconciliations with 2 or more data sources, like a cash or accounts receivable account
- E. reconciliations with a single data source, like a clearing account
Answer: A,D,E
NEW QUESTION 29
Which two statements are true about Group reconciliations? (Choose two.)
- A. Group reconciliations include other individual reconciliations as children.
- B. You can import balances into periods as pre-mapped data.
- C. You cannot use Data Management to import balances for group reconciliations.
- D. The Group Detail tab shows data for the group reconciliation sub segments.
- E. The format for the reconciliation must be enabled for Group Reconciliation.
Answer: B,E
NEW QUESTION 30
Which two tasks can be performed using EPM Automate?
- A. Import match types.
- B. Export journals.
- C. Load pre-mapped balances.
- D. Set period status.
Answer: A,B
NEW QUESTION 31
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. Smart View
- B. Data Management data load rule
- C. 'Import pre-mapped balances' option in the Periods page
- D. Supplemental Data Management form
Answer: B
NEW QUESTION 32
Which is true when you reopen a reconciliation?
- A. It reopens to the service administrator.
- B. It reopens to the last reviewer.
- C. You select the role to which it reopens to.
- D. It reopens to the preparer.
Answer: B
NEW QUESTION 33
Which two options indicate the minimum and respectively the maximum number of currency buckets you can enable? (Choose two.)
- A. two
- B. four
- C. one
- D. three
Answer: C,D
NEW QUESTION 34
Which ability does NOT belong to users with the Power User role?
- A. prepare reconciliations
- B. edit formats to which they are assigned access
- C. review reconciliations
- D. edit profiles to which they are assigned access
Answer: B
NEW QUESTION 35
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.
Answer: D
NEW QUESTION 36
Which statement about manual matching in transaction matching is FALSE?
- A. You can create adjustments to balance a match set.
- B. Transactions for which auto-matching rules did not find matches can be manually matched.
- C. You can manually match transactions only if the amounts are within the tolerance.
- D. You must be a power user or service administrator to create manual matches.
Answer: C
NEW QUESTION 37
Which two are tasks that can be performed using EPM Automate? (Choose two.)
- A. import premapped data
- B. export balances
- C. set period status
- D. export journals
Answer: A,B
NEW QUESTION 38
Which rule runs during the post-processing of data loads?
- A. Auto Submit Reconciliation
- B. Copy Transactions
- C. Send Email On Update
- D. Auto Match Transactions
- E. Create Reconciliations
Answer: D
NEW QUESTION 39
Which two auto-reconciliation methods for reconciliations use the Account Analysis format?
- A. No transactions
- B. Zero activity
- C. Balance is zero
- D. Balance is normal
- E. Unexplained difference is zero
Answer: C,E
NEW QUESTION 40
Which is required for a valid profile?
- A. at least one Question:
- B. at least one rule
- C. at least one level of review
- D. at least one currency bucket
Answer: D
NEW QUESTION 41
Which two are properties of the organizational unit? (Choose two.)
- A. language
- B. calendar
- C. work days
- D. tax jurisdiction
Answer: B,C
NEW QUESTION 42
Which two are tasks you can perform when confirming suggested matches with adjustments in the Suggested Matches list? (Choose two.)
- A. Enter an adjustment amount.
- B. Enter a date for the adjustment.
- C. Select the data source to adjust.
- D. Select an Adjustment Type.
Answer: C,D
NEW QUESTION 43
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