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

1z0-1087-23 real exams

Exam Code: 1z0-1087-23

Exam Name: Oracle Account Reconciliation 2023 Implementation Professional

Updated: Jul 18, 2026

Q & A: 81 Questions and Answers

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Oracle 1z0-1087-23 Exam Syllabus Topics:

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

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

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


2. When would you use the Variance Analysis reconciliation method?

A) To justify each detail line of the total balance for the period.
B) To explain the difference in balances within the same account over different periods.
C) To reconcile the same balance across general ledgers that follow different governing rules.
D) To explain the difference in balances from the standards set by an organization in its budget.


3. Which two statements are true about match types with Pending status?

A) You cannot edit the matching rules.
B) You can perform matching on reconciliations for the match type.
C) You can edit the data sources attributes.
D) You can load data to Pending reconciliations for the match type.


4. Which two tasks can be performed using EPM Automate?

A) Load pre-mapped balances.
B) Import match types.
C) Set period status.
D) Export journals.


5. Which three fields are required in a load file for pre-mapped balances?

A) Currency Code
B) Entity
C) Period
D) Amount
E) Currency Bucket
F) Reconciliation ID


Solutions:

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

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