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Oracle 1z0-1087-23

1z0-1087-23

Exam Code: 1z0-1087-23

Exam Name: Oracle Account Reconciliation 2023 Implementation Professional

Updated: Oct 22, 2026

Q & A: 81 Questions and Answers

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Oracle 1z0-1087-23 Exam Syllabus Topics:

SectionObjectives
Configuring Reconciliation Compliance- Explain rules and conditions
- Manage periods and organizational units
- Set up formats and profiles
Administration and Security- Manage integration with EPM Cloud
- Describe system settings and configurations
- Explain security roles and access control
Account Reconciliation Overview- Describe key concepts like Reconciliation Types, Compliance, and Balances
- Explain the features of Account Reconciliation
- Describe the reconciliation process
Transaction Matching- Configure matching rules and formats
- Manage Data Sources and Attributes
- Explain the matching process and exception handling
- Explain Transaction Matching concepts
Reconciling Accounts- Create and manage Reconciliations
- Explain data loads for Reconciliations
- Describe Auto Reconciliation
- Describe transactions and matching

Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

Question #1
What happens to a reconciliation if a team member who prepared the reconciliation is deleted from the team at
a later point of time?

A. Changes made by the deleted member are reverted and the deleted member is removed from the
reconciliation as preparer.
B. Changes made by the deleted member are reassigned to the primary member of the team for review and
approval,
C. Changes made by the deleted member are kept intact and the deleted member still appears as the original preparer.
D. The reconciliation is flagged as invalid and needs to be re-created by the administrator.


Question #2
Which statement is FALSE of teams?

A. A team can have another team as a member.
B. A user can belong to more than one team.
C. Teams can be assigned a primary user.
D. Teams are assigned to profiles on the Workflow tab.


Question #3
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?

A. Suggested
B. Auto Submit
C. Confirmed
D. Auto Approve


Question #4
To which do you assign default currencies?

A. currency buckets
B. organizational units
C. account ids
D. formats


Question #5
Which is the minimum user security role required to edit profiles?

A. Power User
B. User
C. Viewer
D. Service Administrator


Solutions:

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

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