Oracle Account Reconciliation 2023 Implementation Professional: 1z0-1087-23 Exam

"Oracle Account Reconciliation 2023 Implementation Professional", also known as 1z0-1087-23 exam, is a Oracle Certification. With the complete collection of questions and answers, iPassleader has assembled to take you through 81 Q&As to your 1z0-1087-23 Exam preparation. In the 1z0-1087-23 exam resources, you will cover every field and category in Oracle Cloud Certification helping to ready you for your successful Oracle Certification.

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  • Updated on: Jul 21, 2026
  • No. of Questions: 81 Questions & Answers

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  • Updated on: Jul 21, 2026
  • No. of Questions: 81 Questions & Answers

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Oracle 1z0-1087-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Configuring Reconciliation Compliance- Explain rules and conditions
- Manage periods and organizational units
- Set up formats and profiles
Topic 2: Account Reconciliation Overview- Describe key concepts like Reconciliation Types, Compliance, and Balances
- Explain the features of Account Reconciliation
- Describe the reconciliation process
Topic 3: Transaction Matching- Explain Transaction Matching concepts
- Manage Data Sources and Attributes
- Explain the matching process and exception handling
- Configure matching rules and formats
Topic 4: Reconciling Accounts- Create and manage Reconciliations
- Explain data loads for Reconciliations
- Describe Auto Reconciliation
- Describe transactions and matching
Topic 5: Administration and Security- Describe system settings and configurations
- Explain security roles and access control
- Manage integration with EPM Cloud

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

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

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


2. Which statement is FALSE about calendars?

A) One period may have many calendars to reflect different date configurations for the period.
B) Calendars set the dates and frequencies for each period.
C) Calendars are associated with periods and organizational units.
D) An organizational unit can be assigned many calendars to enable reconciliations for different financial
dates.


3. You are a preparer with the User role and you are going on vacation.
How can you assign responsibility for reconciliations currently open with you to the backup preparer?

A) In User Preferences, change your status to Out of Office.
B) In the Actions menu of the reconciliations, select Request Reassignment.
C) Click the Release button in the reconciliations to release it to the other team members.
D) In the Workflow tab of the reconciliations, select a backup preparer in the Backup Preparer field.


4. Which statement is FALSE of teams?

A) Teams are assigned to profiles on the Workflow tab.
B) Teams can be assigned a primary user.
C) A user can belong to more than one team.
D) A team can have another team as a member.


5. You are creating a matching rule, and you want transactions that are within the specified tolerance range to be
matched automatically, with no need for further user review.
Which option should you choose for the Match Status?

A) Auto Submit
B) Suggested
C) Auto Approve
D) Confirmed


Solutions:

Question # 1
Answer: B
Question # 2
Answer: B
Question # 3
Answer: D
Question # 4
Answer: A
Question # 5
Answer: C

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