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Oracle 1z0-1087-23 Exam Syllabus Topics:

SectionObjectives
Workflow and Controls- Workflow management
  • 1. Notifications and escalation rules
    • 2. Reconciliation approval workflows
      - Audit and compliance
      • 1. Control monitoring and reporting
        • 2. Audit trail configuration
          Reporting and Troubleshooting- Reporting capabilities
          • 1. Custom reporting and analytics
            • 2. Standard reconciliation reports
              - System troubleshooting
              • 1. Performance optimization basics
                • 2. Error handling and diagnostics
                  Reconciliation Process Management- Balance reconciliation
                  • 1. Variance analysis and adjustment handling
                    • 2. Account certification workflow
                      - Transaction matching
                      • 1. Matching rule optimization
                        • 2. Auto-match and manual match processes
                          Configuration and Setup- Reconciliation configuration
                          • 1. Matching rules configuration
                            • 2. Reconciliation formats and profiles
                              - System configuration
                              • 1. Setup of applications and profiles
                                • 2. Security roles and access management
                                  Oracle Account Reconciliation Cloud Service Overview- Core concepts of Account Reconciliation Cloud (ARCS)
                                  • 1. Business purpose and use cases of ARCS
                                    • 2. Key components and architecture
                                      Integration and Data Management- Data integration
                                      • 1. Data mapping and transformation
                                        • 2. Importing data from ERP systems
                                          - Maintenance and automation
                                          • 1. Scheduled data loads
                                            • 2. Automation scripts and rules

                                              Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

                                              1. Which two options indicate the minimum and respectively the maximum number of currency buckets you can
                                              enable? (Choose two.)

                                              A) three
                                              B) one
                                              C) four
                                              D) two


                                              2. Which reconciliation method is appropriate for a prepaid insurance reconciliation that explains the current
                                              month balance?

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


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

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


                                              4. Which two statements are true about importing and exporting match types? (Choose two.)

                                              A) Import can update match types with Approved status only.
                                              B) Match types are exported to comma-separated (CSV) files.
                                              C) Match types are exported to a .zip folder.
                                              D) Import can update match types with Pending status only.


                                              5. Which ability does NOT belong to users with the Power User role?

                                              A) prepare reconciliations
                                              B) edit formats to which they are assigned access
                                              C) review reconciliations
                                              D) edit profiles to which they are assigned access


                                              Solutions:

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

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