[May 17, 2023] 1z0-1087-22 Dumps PDF and Test Engine Exam Questions – It-Tests [Q44-Q62] – IT Certification Exam Questions & Answers

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[May 17, 2023] 1z0-1087-22 Dumps PDF and Test Engine Exam Questions – It-Tests

Verified 1z0-1087-22 exam dumps Q&As with Correct 80 Questions and Answers

The Oracle 1z0-1087-22 exam is an industry-recognized certification exam that focuses on the implementation of Oracle Account Reconciliation 2022. This exam is designed for professionals who have a strong understanding of the concepts and principles of account reconciliation and are seeking to validate their skills and knowledge in this area. Passing this exam demonstrates to potential employers and clients that you have the expertise required to successfully implement and manage Oracle Account Reconciliation.

QUESTION 44
What results if you load balances using Data Management to a period to which you previously imported pre- mapped balances?

The Data Management data load fails.

You are prompted whether to overwrite the pre-mapped balances.

The balances loaded through Data Management overwrite the pre-mapped balances.

The reconciliation takes the balances loaded through Data Management and the pre-mapped balance load, and totals them.

QUESTION 45
Which two are properties of the organizational unit? (Choose two.)

work days

calendar

language

tax jurisdiction

QUESTION 46
Which ability does NOT belong to users with the Power User role?

edit formats to which they are assigned access

prepare reconciliations

review reconciliations

edit profiles to which they are assigned access

QUESTION 47
Which statement is FALSE about Summary reconciliations?

The Group Detail tab shows transactions for the sub segments.

You can select Show All on the Balance Summary tab to view balances for the child reconciliations.

Summary reconciliations include other individual reconciliations as children.

The Unexplained Difference on the Balance Summary tab shows the total unexplained difference for all the child reconciliations.

QUESTION 48
In which location do you configure rules for reconciliation compliance transactions?

Format

Reconciliation

Profile

Match Type

QUESTION 49
In which row does an unmatched transaction with an accounting date of April 30th display in the period-end reconciliation for May 31?

It is excluded from the report

Unmatched Supported

Matched In Transit

Unmatched

QUESTION 50
Where do you navigate to configure power users access to profiles?

under Application, select Configuration, and then System Settings

under Tools, select Access Control, then Power User Security

under Application, select Configuration, and then Profile Segments

under Application, select Profiles

QUESTION 51
Which two attribute types are required for each data source? (Choose two.)

Key Field

Accounting Date

Calculation

Balancing Attribute

QUESTION 52
Which is required for a valid profile?

at least one level of review

at least one Question:

at least one rule

at least one currency bucket

QUESTION 53
Which is NOT a step in the process for reconciliation compliance?

prepare reconciliations

execute automation like Automatic Recon and Rules

load balances

confirm suggested matches

QUESTION 54
Which statement about manual matching in transaction matching is FALSE?

You can manually match transactions only if the amounts are within the tolerance.

Transactions for which auto-matching rules did not find matches can be manually matched.

You must be a power user or service administrator to create manual matches.

You can create adjustments to balance a match set.

QUESTION 55
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?

Suggested

Auto Approve

Auto Submit

Confirmed

QUESTION 56
Which two statements are true about importing and exporting match types? (Choose two.)

Match types are exported to a .zip folder.

Import can update match types with Pending status only.

Match types are exported to comma-separated (CSV) files.

Import can update match types with Approved status only.

QUESTION 57
Which two statements are correct about deleting reconciliations? (Choose two.)

The reconciliation status must be Pending.

Only the preparer of the reconciliation can delete the reconciliation.

The balances loaded for a period are not deleted when the reconciliation is deleted.

Only a Service Administrator or a Power User can delete a reconciliation.

QUESTION 58
Which rule runs during the post-processing of data loads?

Send Email On Update

Create Reconciliations

Copy Transactions

Auto Match Transactions

Auto Submit Reconciliation

QUESTION 59
Which is the minimum user security role required to edit profiles?

Service Administrator

User

Power User

Viewer

QUESTION 60
Which two statements are true about Group reconciliations? (Choose two.)

Group reconciliations include other individual reconciliations as children.

You cannot use Data Management to import balances for group reconciliations.

The format for the reconciliation must be enabled for Group Reconciliation.

The Group Detail tab shows data for the group reconciliation sub segments.

You can import balances into periods as pre-mapped data.

QUESTION 61
Which two rule types are available in profiles? (Choose two.)

Flag As Needs Attention

Auto Approve Reconciliation

Require Reconciliation Attachment

Delete Reconciliation

Copy Transactions from Prior Reconciliation

QUESTION 62
Which transaction matching method is used to match the transactions between two systems if period-end reconciliation is not the objective?

Transaction Matching Only

Variance Analysis with Transaction Matching

Balance Comparison with Transaction Matching

Account Analysis with Transaction Matching

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