Oracle 1Z0-1087-20 Real Exam Questions Guaranteed Updated Dump from Lead1Pass
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Oracle 1Z0-1087-20 Exam Syllabus Topics:
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NEW QUESTION 28
Which is the minimum user security role required to edit profiles?
- A. Service Administrator
- B. Viewer
- C. Power User
- D. User
Answer: D
NEW QUESTION 29
Which statement is FALSE about reconciliations when the period is Closed?
- A. Reviewers can approve reconciliations under review.
- B. Preparers can submit reconciliations with Open status.
- C. You can load data to reconciliations for the period.
- D. Reconciliations with Pending status can start.
Answer: C
NEW QUESTION 30
Which statement is true regarding the Normal Balance attribute in a profile?
- A. Preparers cannot save a reconciliation if the balance type is other than expected.
- B. Reconciliations display a warning if the balance type is other than expected.
- C. When it is selected, reconciliations display a warning if their balance is zero.
- D. It is assigned automatically based on the account type.
Answer: B
NEW QUESTION 31
Which statement is true about saved filters?
- A. Only power users and service administrators can publish filters.
- B. Only service administrators can publish filters.
- C. Saved Filters are public by default.
- D. Any user can publish a saved filter that they created.
Answer: C
NEW QUESTION 32
Which two are properties of the organizational unit? (Choose two.)
- A. calendar
- B. work days
- C. tax jurisdiction
- D. language
Answer: A,B
NEW QUESTION 33
Which two options indicate the minimum and respectively the maximum number of currency buckets you can enable? (Choose two.)
- A. three
- B. four
- C. two
- D. one
Answer: A,D
NEW QUESTION 34
Which is NOT a step in the process for reconciliation compliance?
- A. prepare reconciliations
- B. confirm suggested matches
- C. load balances
- D. execute automation like Automatic Recon and Rules
Answer: B
NEW QUESTION 35
Which two are auto-reconciliation methods? (Choose two.)
- A. Balance is zero and no activity
- B. Balance has not changed
- C. Balance Match (%tolerance)
- D. No Data
Answer: A,C
NEW QUESTION 36
Which statement is FALSE about reconciliations that use the Transaction Matching Only reconciliation method?
- A. They do not participate in period-end compliance workflow.
- B. You must create profiles for them.
- C. They do not need to be created for periods.
- D. They display in both the Reconciliations list and the Matching list.
Answer: B
NEW QUESTION 37
You want to load balances for both the Entered currency bucket and the Functional currency bucket in a single data load.
Which tool should you use?
- A. Smart View
- B. 'Import pre-mapped balances' option in the Periods page
- C. Data Management data load rule
- D. Supplemental Data Management form
Answer: C
NEW QUESTION 38
Which statement is FALSE of teams?
- A. Teams are assigned to profiles on the Workflow tab.
- B. A user can belong to more than one team.
- C. A team can have another team as a member.
- D. Teams can be assigned a primary user.
Answer: A
NEW QUESTION 39
Which statement is FALSE about Summary reconciliations?
- A. You can select Show All on the Balance Summary tab to view balances for the child reconciliations.
- B. The Unexplained Difference on the Balance Summary tab shows the total unexplained difference for all the child reconciliations.
- C. The Group Detail tab shows transactions for the sub segments.
- D. Summary reconciliations include other individual reconciliations as children.
Answer: C
NEW QUESTION 40
Where can a service administrator navigate to view, by user, how many reconciliations were completed on time, how many are late, and how many were rejected?
- A. Compliance Dashboard
- B. Overview Dashboard
- C. Reconciliations List
- D. Worklist
Answer: A
NEW QUESTION 41
A profile's properties have been modified and the changes saved. Which statement is correct?
- A. Existing reconciliations that use the profile are updated after approval by a system administrator.
- 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 not updated.
- D. Existing reconciliations with Pending status that use the profile are updated with the changes.
Answer: B
NEW QUESTION 42
You are a preparer with the User role and you are going on vacation.
How can you assign responsibility for reconciliations currently open with you to the backup preparer?
- A. In User Preferences, change your status to Out of Office.
- B. In the Actions menu of the reconciliations, select Request Reassignment.
- C. In the Workflow tab of the reconciliations, select a backup preparer in the Backup Preparer field.
- D. Click the Release button in the reconciliations to release it to the other team members.
Answer: C
NEW QUESTION 43
Which is NOT an attribute type for reconciliation compliance attributes?
- A. Number
- B. Location
- C. True/False
- D. Yes/No
Answer: B
NEW QUESTION 44
Which two statements are correct about deleting reconciliations? (Choose two.)
- A. Only a Service Administrator or a Power User can delete a reconciliation.
- B. The balances loaded for a period are not deleted when the reconciliation is deleted.
- C. The reconciliation status must be Pending.
- D. Only the preparer of the reconciliation can delete the reconciliation.
Answer: B,D
NEW QUESTION 45
Which two are tasks you can perform when confirming suggested matches with adjustments in the Suggested Matches list? (Choose two.)
- A. Select an Adjustment Type.
- B. Enter a date for the adjustment.
- C. Enter an adjustment amount.
- D. Select the data source to adjust.
Answer: A,D
NEW QUESTION 46
Which statement about manual matching in transaction matching is FALSE?
- A. You must be a power user or service administrator to create manual matches.
- B. You can create adjustments to balance a match set.
- C. You can manually match transactions only if the amounts are within the tolerance.
- D. Transactions for which auto-matching rules did not find matches can be manually matched.
Answer: C
NEW QUESTION 47
Which is NOT a step in configuring journals in Transaction Matching?
- A. define data source filters
- B. create journal templates
- C. map journal columns to data source attribute columns
- D. create journal columns
Answer: B
NEW QUESTION 48
You want to require that preparers answer a question: certifying that they followed the company accounting policies in preparing the reconciliation.
Where do you add the question:?
- A. to the reconciliation
- B. to the format
- C. to the match type
- D. to the profile
Answer: B
NEW QUESTION 49
Which statement about journals in transaction matching is FALSE?
- A. You create separate journal columns for each match type.
- B. You create separate journal column mappings for adjustments and transactions.
- C. For adjustments, the variance amount is exported to the Amount column.
- D. For transactions, you can apply a data source filter to the export.
Answer: C
NEW QUESTION 50
To which do you assign default currencies?
- A. account ids
- B. currency buckets
- C. organizational units
- D. formats
Answer: B
NEW QUESTION 51
When can you run auto-matching for a transaction matching reconciliation?
- A. after you load transactions to the reconciliation data sources
- B. after the period end date is reached
- C. after the reconciliation status changes to Open With Preparer
- D. after the reconciliation meets its start date
Answer: A
NEW QUESTION 52
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