Free Oracle 1z0-1087-23 Practice Test & Real Exam Questions

Exam Code/Number: 1z0-1087-23
Exam Name/Title: Oracle Account Reconciliation 2023 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Cloud

Exam Questions: 81
Updated On: Aug 10, 2026

Question #1

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

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

B. The Data Management data load fails.

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

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

Discussion 0

Correct Answer: C Vote an answer

Question #2

Which two tasks can be performed using EPM Automate?

A. Export journals.

B. Load pre-mapped balances.

C. Set period status.

D. Import match types.

Discussion 0

Correct Answer: A,D Vote an answer

Question #3

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

A. Only users with the administrator role can run data loads.

B. If there is no change in the balance, the reconciliation is not updated.

C. You cannot load data into reconciliations with a status of Closed.

D. You must select either Actual or Budget as the scenario for the data.

Discussion 0

Correct Answer: D Vote an answer

Question #4

Which statement regarding user-defined attributes is FALSE?

A. You can no longer add/edit attributes after reconciliations are created.

B. They can include calculated values.

C. You can assign access by user role.

D. They can be assigned default value.

Discussion 0

Correct Answer: A Vote an answer

Question #5

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. Unmatched

D. It is excluded from the report

Discussion 0

Correct Answer: A Vote an answer

Question #6

Which three types of reconciliations are suitable for the Transaction Matching feature? (Choose three.)

A. reconciliations that have amortizing transactions

B. accounts with high volumes of data

C. reconciliations with a single data source, like a clearing account

D. reconciliations with 2 or more data sources, like a cash or accounts receivable account

E. reconciliations that are typically zero balance accounts with low activity

Discussion 0

Correct Answer: C,D,E Vote an answer

Question #7

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

A. Values are required for the attribute.

B. Transactions are sorted by the attribute.

C. Transactions with the same key attributes cannot be loaded.

D. The attribute is hidden from users.

Discussion 0

Correct Answer: A Vote an answer

Question #8

Which statement about manual matching in transaction matching is FALSE?

A. You can create adjustments to balance a match set.

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

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

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

Discussion 0

Correct Answer: D Vote an answer

Question #9

A profile's properties have been modified and the changes saved. Which statement is correct?

A. Existing reconciliations that use the profile are updated after approval by a system administrator.

B. Existing reconciliations that use the profile are not updated.

C. Existing reconciliations with Pending or Open With Preparer status that use the profile are updated with
the changes.

D. Existing reconciliations with Pending status that use the profile are updated with the changes.

Discussion 0

Correct Answer: C Vote an answer

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