Exam Details

  • Exam Code
    :1Z0-1087-20
  • Exam Name
    :Oracle Account Reconciliation 2020 Implementation Essentials
  • Certification
    :Oracle Certifications
  • Vendor
    :Oracle
  • Total Questions
    :60 Q&As
  • Last Updated
    :Mar 26, 2025

Oracle Oracle Certifications 1Z0-1087-20 Questions & Answers

  • Question 11:

    Which two are properties of the organizational unit? (Choose two.)

    A. work days

    B. calendar

    C. language

    D. tax jurisdiction

  • Question 12:

    A profile's properties have been modified and the changes saved.

    Which statement is correct?

    A. Existing reconciliations that use the profile are not updated.

    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 updated after approval by a system administrator.

    D. Existing reconciliations with Pending status that use the profile are updated with the changes.

  • Question 13:

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

    A. Service Administrator

    B. User

    C. Power User

    D. Viewer

  • Question 14:

    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 meets its start date

    D. after the reconciliation status changes to Open With Preparer

  • Question 15:

    Which three types of reconciliations are suitable for the Transaction Matching feature? (Choose three.)

    A. reconciliations with a single data source, like a clearing account

    B. reconciliations that are typically zero balance accounts with low activity

    C. reconciliations that have amortizing transactions

    D. reconciliations with 2 or more data sources, like a cash or accounts receivable account

    E. accounts with high volumes of data

  • Question 16:

    Which statement is FALSE of teams?

    A. Teams are assigned to profiles on the Workflow tab.

    B. A team can have another team as a member.

    C. Teams can be assigned a primary user.

    D. A user can belong to more than one team.

  • Question 17:

    Which is NOT a step in configuring journals in Transaction Matching?

    A. create journal columns

    B. map journal columns to data source attribute columns

    C. define data source filters

    D. create journal templates

  • Question 18:

    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. On the currency tab, enable a currency bucket for that prior period balance.

    B. Add a rule to the Rules tab.

    C. Select a format with the Variance Analysis reconciliation method for the profile.

    D. Create a calculated attribute to compare the prior period balance to the current period balance and add it to the profile.

  • Question 19:

    Which is NOT a step in the process for reconciliation compliance?

    A. prepare reconciliations

    B. execute automation like Automatic Recon and Rules

    C. load balances

    D. confirm suggested matches

  • Question 20:

    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 Approve

    C. Auto Submit

    D. Confirmed

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