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

Updated: Jul 29, 2026
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Oracle 1z0-1087-23 Exam Syllabus Topics:

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

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

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

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


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

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


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

A) Variance Analysis with Transaction Matching
B) Account Analysis with Transaction Matching
C) Balance Comparison with Transaction Matching
D) Transaction Matching Only


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
B) Matched In Transit
C) It is excluded from the report
D) Unmatched Supported


5. Which statement is FALSE about the review process in reconciliation compliance?

A) You can have up to seven levels of review.
B) You can assign a team as reviewer.
C) You can assign backup reviewers.
D) Reviewers are sent notifications.


Solutions:

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

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