- Exam Code: 1z0-1087-23
- Exam Name: Oracle Account Reconciliation 2023 Implementation Professional
- Updated: Jul 21, 2026
- Q & A: 81 Questions and Answers
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| Section | Objectives |
|---|---|
| Reconciling Accounts | - Explain data loads for Reconciliations - Describe Auto Reconciliation - Create and manage Reconciliations - Describe transactions and matching |
| Configuring Reconciliation Compliance | - Set up formats and profiles - Explain rules and conditions - Manage periods and organizational units |
| Administration and Security | - Describe system settings and configurations - Manage integration with EPM Cloud - Explain security roles and access control |
| Account Reconciliation Overview | - Describe the reconciliation process - Describe key concepts like Reconciliation Types, Compliance, and Balances - Explain the features of Account Reconciliation |
| Transaction Matching | - Explain the matching process and exception handling - Configure matching rules and formats - Explain Transaction Matching concepts - Manage Data Sources and Attributes |
1. Which two rule types are available in profiles? (Choose two.)
A) Auto Approve Reconciliation
B) Delete Reconciliation
C) Flag As Needs Attention
D) Copy Transactions from Prior Reconciliation
E) Require Reconciliation Attachment
2. Which two are tasks you can perform when confirming suggested matches with adjustments in the Suggested
Matches list? (Choose two.)
A) Enter a date for the adjustment.
B) Select an Adjustment Type.
C) Select the data source to adjust.
D) Enter an adjustment amount.
3. For which scenario could a match type with a single data source be appropriate?
A) intercompany matching
B) matching bank and point-of-sale transactions
C) matching credits and debits for a clearing account
D) variance analysis for current and prior period balances
4. In which row does an unmatched transaction with an accounting date of April 30th display in the period-end
reconciliation for May 31?
A) Unmatched Supported
B) Matched In Transit
C) It is excluded from the report
D) Unmatched
5. When can you run auto-matching for a transaction matching reconciliation?
A) after the reconciliation meets its start date
B) after you load transactions to the reconciliation data sources
C) after the period end date is reached
D) after the reconciliation status changes to Open With Preparer
Solutions:
| Question # 1 Answer: A,D | Question # 2 Answer: B,C | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: B |
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