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1Z0-1087-21 Certification Detail Exam Code
1Z0-1087-21
Full Exam Name
Oracle Account Reconciliation 2021 Implementation Essentials
Number of Questions
60
Practice Exams
1Z0-1087-21 Online Practice Exam
Passing Score
68%
Time Limit
90 minutes
Recommended Training
Oracle Account Reconciliation 2021 Certified Implementation Specialist Oracle EPM Cloud Learning Subscription
Syllabus Topics for Oracle 1Z0-1087-21 Exam Topic Name
Percentage
Solution Overview
Configuring Reconciliation Compliance
Managing Reconciliations
Loading Data
Creating and Managing Rules
Configuring Transaction Matching
Perform Transaction Matching
Analyzing Transaction Matches
Setting Up the System
Oracle 1Z0-1087-21 Exam Questions
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01. The transaction matching period-end reconciliation displays an unexplained difference other than zero. Which two are possible explanations? (Choose two.) Option a) Currency exchanges rates are out of date.
b) Journal adjustments created were not posted. c) You do not have security access to all the transactions. d) The data load for transactions was incomplete.
ANSWER b) Journal adjustments created were not posted. c) You do not have security access to all the transactions.
02. A profile’s properties have been modified and the changes saved. Which statement is correct? Option
a) Existing reconciliations that use the profile are not updated. b) Existing reconciliations with Pending or Open With Preparer status that use the profile are updated with the changes. c) Existing reconciliations that use the profile are updated after approval by a system administrator. d) Existing reconciliations with Pending status that use the profile are updated with the changes.
ANSWER b) Existing reconciliations with Pending or Open With Preparer status that use the profile are updated with the changes.
03. From which two dates defined in the period can you schedule reconciliations? (Choose two.) Option a) end date
b) prior period end date c) close date d) start date
ANSWER a) end date c) close date
04. When a user requests that responsibility for a reconciliation be reassigned to John, who is another regular user, John should be able to approve the request. How can this be configured? Option a) In his User Preferences, John should select the Approve Reassignments option.
b) Add John to the Reassignment Approvers security group. c) On the Reassignment Requests tab in System Settings, in the Allow Reassignment Request Approval By option, select Users.
d) On the Manage Users tab of the Access Control page, assign John the Reassignment Approvers role.
ANSWER c) On the Reassignment Requests tab in System Settings, in the Allow Reassignment Request Approval By option, select Users.
05. To which do you assign Holiday Rules? Option a) profiles b) periods
c) organizational units d) calendars
ANSWER d) calendars
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