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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

Question 1

Which two are matching rule types?

A. Adjustment
B. Suggested Match
C. Matches with Tolerance
D. Matches Exactly
E. One to One

Question 2

Which statement is true about saved filters?

A. Any user can publish a saved filter that they created.
B. Only power users and service administrators can publish filters.
C. Saved Filters are public by default.
D. Only service administrators can publish filters.

Question 3

Which statement about rules is FALSE?

A. Profiles inherit rules from their formats.
B. A profile can have a maximum of three rules.
C. A rule can set a reconciliation attribute to a specified value when the rule conditions are met.
D. You can use a saved filter as the condition in a rule.

Question 4

What happens when you load balances to a reconciliation with the status Closed or Open With Reviewer and
the balance is different than what was already Certified?

A. The import fails.
B. The status reverts to Pending.
C. The status reverts to Open with Preparer.
D. The status is unchanged but a notification is sent to the related users.

Question 5

Which two statements are correct about deleting reconciliations? (Choose two.)

A. Only a Service Administrator or a Power User can delete a reconciliation.
B. Only the preparer of the reconciliation can delete the reconciliation.
C. The reconciliation status must be Pending.
D. The balances loaded for a period are not deleted when the reconciliation is deleted.

Solutions: