Oracle Account Reconciliation 2022 Implementation Professional

QUESTION NO: 1
Which statement about loading pre-mapped balances is FALSE?

A. You can import from either tab separated or comma separated files. B. You must select a currency bucket for the import. C. You must select a period to which to load the balances. D. You can drill back to the ERP from the reconciliation screen.

Correct Answer: D

QUESTION NO: 2
What results if you load balances using Data Management to a period to which you previously imported pre- mapped balances?

A. The reconciliation takes the balances loaded through Data Management and the pre-mapped balance load, and totals them. B. You are prompted whether to overwrite the pre-mapped balances. C. The Data Management data load fails. D. The balances loaded through Data Management overwrite the pre-mapped balances.

Correct Answer: D

QUESTION NO: 3
You want the holidays to be skipped when scheduling due dates for reconciliations for an organizational unit. What should you do?

A. Create a calendar and assign it to the organizational unit. B. Create a holiday rule and assign it to the organizational unit. C. Edit the due date in the reconciliations for the organizational unit. D. Add a rule to the Rules tab of the profiles for the reconciliations.

Correct Answer: B

QUESTION NO: 4
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. Confirmed B. Auto Approve C. Auto Submit D. Suggested

Correct Answer: B

QUESTION NO: 5
Which expression do you include in the Expression field of the Amount column in an import format to ensure that zero balances are loaded?

A. 0 B. Source system C. Include Null D. NZP

Correct Answer: D

QUESTION NO: 6
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 with the same name in the system as in the import file are not updated. C. Objects that exist in the system but not in the import file are deleted. D. New objects are created in the system from the objects in the import file if they do not exist.

Correct Answer: C

QUESTION NO: 7
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. Reconciliations List B. Worklist C. Compliance Dashboard D. Overview Dashboard

Correct Answer: C

QUESTION NO: 8
In a reconciliation profile, the Account Payable Reviewers team is assigned as the reviewer, and you want to require that ALL team members approve the reconciliation.
Which action should you perform?

A. On the Workflow tab of the Profile, select All Reviewers in the Require Action By field. B. In the Instructions tab of the profile, add instructions for all team members to review the reconciliation. C. Do not select a Primary User for the Account Payable Reviewers team. D. Add a rule of the type Require Team Review to the Rules tab.

Correct Answer: A

Oracle Account Reconciliation 2022 Implementation Professional - 1z0-1087-22 Exam Questions