Pass Oracle 1z0-1087-23 Exam With Practice Test Questions Dumps Bundle
2024 Valid 1z0-1087-23 test answers & Oracle Exam PDF
NEW QUESTION # 48
Which ability does NOT belong to users with the Power User role?
- A. prepare reconciliations
- B. review reconciliations
- C. edit formats to which they are assigned access
- D. edit profiles to which they are assigned access
Answer: C
NEW QUESTION # 49
Which is true when you reopen a reconciliation?
- A. It reopens to the service administrator.
- B. You select the role to which it reopens to.
- C. It reopens to the preparer.
- D. It reopens to the last reviewer.
Answer: D
NEW QUESTION # 50
To which do you assign default currencies?
- A. currency buckets
- B. formats
- C. organizational units
- D. account ids
Answer: A
NEW QUESTION # 51
The objects within the match type refer to data sources, the data source attributes, the match processes, the
rules, and the rule conditions. Which statement is FALSE about importing a match type with the same name as
an existing match type?
- A. Objects from the import file overwrite objects with the same name in the system.
- B. Objects that exist in the system but not in the import file are deleted.
- C. Objects with the same name in the system as in the import file are not updated.
- D. New objects are created in the system from the objects in the import file if they do not exist.
Answer: B
NEW QUESTION # 52
Which two are tasks that can be performed using EPM Automate? (Choose two.)
- A. export balances
- B. set period status
- C. export journals
- D. import premapped data
Answer: A,D
NEW QUESTION # 53
Which statement is always true of data loads from Data Management?
- A. If there is no change in the balance, the reconciliation is not updated.
- B. Only users with the administrator role can run data loads.
- C. You cannot load data into reconciliations with a status of Closed.
- D. You must select either Actual or Budget as the scenario for the data.
Answer: D
NEW QUESTION # 54
What happens when you select the Key option for a data source attribute?
- A. Values are required for the attribute.
- B. The attribute is hidden from users.
- C. Transactions with the same key attributes cannot be loaded.
- D. Transactions are sorted by the attribute.
Answer: A
NEW QUESTION # 55
Which is NOT a step in the process for reconciliation compliance?
- A. confirm suggested matches
- B. prepare reconciliations
- C. execute automation like Automatic Recon and Rules
- D. load balances
Answer: A
NEW QUESTION # 56
Which statement is FALSE about calendars?
- A. Calendars are associated with periods and organizational units.
- B. Calendars set the dates and frequencies for each period.
- C. One period may have many calendars to reflect different date configurations for the period.
- D. An organizational unit can be assigned many calendars to enable reconciliations for different financial
dates.
Answer: B
NEW QUESTION # 57
What results if you load balances using Data Management to a period to which you previously imported pre-
mapped balances?
- A. The Data Management data load fails.
- B. You are prompted whether to overwrite the pre-mapped balances.
- C. The balances loaded through Data Management overwrite the pre-mapped balances.
- D. The reconciliation takes the balances loaded through Data Management and the pre-mapped balance load, and totals them.
Answer: C
NEW QUESTION # 58
How can you configure a profile for reconciliation compliance to show the variance between a current period
balance and a prior period balance in a separate workflow from the reconciliation?
- A. Select a format with the Variance Analysis reconciliation method for the profile.
- B. Create a calculated attribute to compare the prior period balance to the current period balance and add it to the profile.
- C. Add a rule to the Rules tab.
- D. On the currency tab, enable a currency bucket for that prior period balance.
Answer: A
NEW QUESTION # 59
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 questions?
- A. to the reconciliation
- B. to the match type
- C. to the format
- D. to the profile
Answer: C
NEW QUESTION # 60
Which two attribute types are required for each data source? (Choose two.)
- A. Calculation
- B. Balancing Attribute
- C. Accounting Date
- D. Key Field
Answer: B,C
NEW QUESTION # 61
The transaction matching period-end reconciliation displays an unexplained difference other than zero. Which
two are possible explanations? (Choose two.)
- A. Currency exchanges rates are out of date.
- B. You do not have security access to all the transactions.
- C. Journal adjustments created were not posted.
- D. The data load for transactions was incomplete.
Answer: B,C
NEW QUESTION # 62
To which do you assign Holiday Rules?
- A. profiles
- B. organizational units
- C. calendars
- D. periods
Answer: C
NEW QUESTION # 63
You are using EPM Automate commands to automate data load to Account Reconciliation.
In which scenario should you use EPM Automate to load the data through Data Management rather than
directly into Account Reconciliation?
- A. You are loading data to the Reporting currency bucket.
- B. You are loading more than 1000 transactions.
- C. You want to import one concatenated field from the source file, rather than two separate fields.
- D. Your data includes fields with blank values.
Answer: A
NEW QUESTION # 64
Which two statements are true about reconciliation compliance filters?
- A. They allow you to save columns to view records on the screen.
- B. They can control the records that you see in the list views.
- C. You can apply them against unmatched transactions.
- D. They can be used by the rules engine.
Answer: A,D
NEW QUESTION # 65
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