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

  • Exam Code: 1z0-1087-23
  • Exam Name: Oracle Account Reconciliation 2023 Implementation Professional
  • Updated: Oct 02, 2026
  • Q & A: 81 Questions and Answers

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Oracle 1z0-1087-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Creating and Managing Rules15%- Add calculated attributes and filters
- Configure validation and alert rules
- Apply rules to formats and profiles
Topic 2: Configuring Reconciliation Compliance25%- Set up calendars and periods
- Define teams and workflow assignments
- Create and manage formats
- Create and manage profiles
Topic 3: Managing Reconciliations20%- Manage period status and reconciliation lifecycle
- Review, approve, reject and reopen reconciliations
- Create different reconciliation types
- Use summary and group reconciliations
Topic 4: Loading and Managing Data15%- Import via Data Management and Data Integration
- Load balances and transactions
- Use EPM Automate and REST APIs
Topic 5: Configuring Transaction Matching15%- Create match types and data sources
- Export adjustments and journals
- Define matching rules and processes
- Run auto-match and confirm results
Topic 6: Overview and Navigation10%- Navigate the application interface
- Describe reconciliation methods
- Explain user roles and access control

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

Question #1

Which expression do you include in the Expression field of the Amount column in an import format to ensure
that zero balances are loaded?

  • A. Include Null
  • B. NZP
  • C. Source system
  • D. 0
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #2

Which statement is true regarding the Normal Balance attribute in a profile?

  • A. Reconciliations display a warning if the balance type is other than expected.
  • B. When it is selected, reconciliations display a warning if their balance is zero.
  • C. It is assigned automatically based on the account type.
  • D. Preparers cannot save a reconciliation if the balance type is other than expected.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #3

Which statement is always true of data loads from Data Management?

  • A. You cannot load data into reconciliations with a status of Closed.
  • B. You must select either Actual or Budget as the scenario for the data.
  • C. If there is no change in the balance, the reconciliation is not updated.
  • D. Only users with the administrator role can run data loads.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #4

Which statement is true for profiles that have a Quarterly frequency selected?

  • A. You cannot create reconciliations for profiles with transaction matching reconciliation methods for
    quarterly periods.
  • B. You can create reconciliations for those profiles only in periods that have Quarterly frequency selected.
  • C. The balances for quarterly reconciliations aggregate the balances from monthly reconciliations.
  • D. They must be assigned a quarterly calendar.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #5

To which do you assign default currencies?

  • A. currency buckets
  • B. organizational units
  • C. account ids
  • D. formats
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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