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Oracle 1z0-1087-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Oracle Account Reconciliation Cloud Service Overview- Core concepts of Account Reconciliation Cloud (ARCS)
  • 1. Key components and architecture
    • 2. Business purpose and use cases of ARCS
      Topic 2: 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
              Topic 3: Reconciliation Process Management- Transaction matching
              • 1. Matching rule optimization
                • 2. Auto-match and manual match processes
                  - Balance reconciliation
                  • 1. Variance analysis and adjustment handling
                    • 2. Account certification workflow
                      Topic 4: Integration and Data Management- Maintenance and automation
                      • 1. Automation scripts and rules
                        • 2. Scheduled data loads
                          - Data integration
                          • 1. Data mapping and transformation
                            • 2. Importing data from ERP systems
                              Topic 5: Reporting and Troubleshooting- System troubleshooting
                              • 1. Error handling and diagnostics
                                • 2. Performance optimization basics
                                  - Reporting capabilities
                                  • 1. Custom reporting and analytics
                                    • 2. Standard reconciliation reports
                                      Topic 6: Configuration and Setup- Reconciliation configuration
                                      • 1. Reconciliation formats and profiles
                                        • 2. Matching rules configuration
                                          - System configuration
                                          • 1. Setup of applications and profiles
                                            • 2. Security roles and access management

                                              Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

                                              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
                                              Reveal Solution  Discussion  0

                                              Correct Answer: D  🗳️

                                              Where do you navigate to configure power users access to profiles?

                                              • A. under Application, select Configuration, and then System Settings
                                              • B. under Application, select Configuration, and then Profile Segments
                                              • C. under Application, select Profiles
                                              • D. under Tools, select Access Control, then Power User Security
                                              Reveal Solution  Discussion  0

                                              Correct Answer: A  🗳️

                                              In the Balance Explanations tab of the Prepaid Expenses reconciliation, you want to include the transactions
                                              and attachments from the prior period in the current period.
                                              Which action should you perform?

                                              • A. Export the transactions from the prior period reconciliation and then import them to the current period reconciliation.
                                              • B. In the profile for Prepaid Expenses reconciliations, select 'Include Prior Period Transactions'.
                                              • C. In the Reconciliations list, copy the reconciliation from the prior period and paste it into the current
                                                period.
                                              • D. In the Balance Explanations tab of the current period reconciliation, select 'Copy Transactions from
                                                Prior Reconciliation'.
                                              Reveal Solution  Discussion  0

                                              Correct Answer: B  🗳️

                                              Which statement regarding user-defined attributes is FALSE?

                                              • A. They can be assigned default value.
                                              • B. You can no longer add/edit attributes after reconciliations are created.
                                              • C. You can assign access by user role.
                                              • D. They can include calculated values.
                                              Reveal Solution  Discussion  0

                                              Correct Answer: B  🗳️

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

                                              • A. prepare reconciliations
                                              • B. edit profiles to which they are assigned access
                                              • C. edit formats to which they are assigned access
                                              • D. review reconciliations
                                              Reveal Solution  Discussion  0

                                              Correct Answer: C  🗳️

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