[Oct 27, 2023] Free Oracle 1z0-1087-23 Exam Questions & Answer [Q12-Q29] : Valid Premium Exam : http://premium.validexam.com

NEW QUESTION 12
Which is true when you reopen a reconciliation?

It reopens to the service administrator.

It reopens to the last reviewer.

You select the role to which it reopens to.

It reopens to the preparer.

NEW QUESTION 13
Which keyword in a Teams import file identifies the section with the team members?

#team_children

#team

#team_items

#dependents

NEW QUESTION 14
What happens when you select the Key option for a data source attribute?

Transactions with the same key attributes cannot be loaded.

The attribute is hidden from users.

Transactions are sorted by the attribute.

Values are required for the attribute.

NEW QUESTION 15
Which is NOT an attribute type for reconciliation compliance attributes?

Yes/No

True/False

Number

Location

NEW QUESTION 16
Which is the minimum user security role required to edit profiles?

Service Administrator

User

Power User

Viewer

NEW QUESTION 17
To which do you assign default currencies?

currency buckets

account ids

organizational units

formats

NEW QUESTION 18
Which transaction matching method is used to match the transactions between two systems if period-end
reconciliation is not the objective?

Transaction Matching Only

Variance Analysis with Transaction Matching

Balance Comparison with Transaction Matching

Account Analysis with Transaction Matching

NEW QUESTION 19
You are creating a matching rule, and you want transactions that are within the specified tolerance range to be
matched automatically, with no need for further user review.
Which option should you choose for the Match Status?

Suggested

Auto Approve

Auto Submit

Confirmed

NEW QUESTION 20
What happens to a reconciliation if a team member who prepared the reconciliation is deleted from the team at
a later point of time?

Changes made by the deleted member are reassigned to the primary member of the team for review and
approval,

The reconciliation is flagged as invalid and needs to be re-created by the administrator.

Changes made by the deleted member are reverted and the deleted member is removed from the
reconciliation as preparer.

Changes made by the deleted member are kept intact and the deleted member still appears as the original preparer.

NEW QUESTION 21
Which statement about journals in transaction matching is FALSE?

You create separate journal column mappings for adjustments and transactions.

For transactions, you can apply a data source filter to the export.

You create separate journal columns for each match type.

For adjustments, the variance amount is exported to the Amount column.

NEW QUESTION 22
Which statement about manual matching in transaction matching is FALSE?

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

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

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

You can create adjustments to balance a match set.

NEW QUESTION 23
Which property of profiles is set automatically when you select the format for the profile?

Method

Normal Balance

Process

Account Type

NEW QUESTION 24
Which is NOT a step in the process for reconciliation compliance?

prepare reconciliations

execute automation like Automatic Recon and Rules

load balances

confirm suggested matches

NEW QUESTION 25
Which two attribute types are required for each data source? (Choose two.)

Key Field

Accounting Date

Calculation

Balancing Attribute

NEW QUESTION 26
Which rule runs during the post-processing of data loads?

Send Email On Update

Create Reconciliations

Copy Transactions

Auto Match Transactions

Auto Submit Reconciliation

NEW QUESTION 27
When can you run auto-matching for a transaction matching reconciliation?

after you load transactions to the reconciliation data sources

after the period end date is reached

after the reconciliation meets its start date

after the reconciliation status changes to Open With Preparer

NEW QUESTION 28
Which two tasks can be performed using EPM Automate?

Set period status.

Export journals.

Import match types.

Load pre-mapped balances.

NEW QUESTION 29
Which is NOT a step in configuring journals in Transaction Matching?

create journal columns

map journal columns to data source attribute columns

define data source filters

create journal templates