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

• Question 31:

  Which two are auto-reconciliation methods? (Choose two.)

  A. Balance Match (%tolerance)

  B. No Data

  C. Balance has not changed

  D. Balance is zero and no activity

  Correct Answer: AD

  Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/adarc/ admin_recons_edit_100xd76326fc.html

• Question 32:

  Which statement about journals in transaction matching is FALSE?

  A. You create separate journal column mappings for adjustments and transactions.

  B. For transactions, you can apply a data source filter to the export.

  C. You create separate journal columns for each match type.

  D. For adjustments, the variance amount is exported to the Amount column.

  Correct Answer: D

• Question 33:

  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. Your data includes fields with blank values.

  B. You are loading data to the Reporting currency bucket.

  C. You are loading more than 1000 transactions.

  D. You want to import one concatenated field from the source file, rather than two separate fields.

  Correct Answer: B

• Question 34:

  Which two are tasks that can be performed using EPM Automate? (Choose two.)

  A. set period status

  B. import premapped data

  C. export balances

  D. export journals

  Correct Answer: BC

  Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/cepma/ using_epmctl.html

• Question 35:

  For which scenario could a match type with a single data source be appropriate?

  A. matching credits and debits for a clearing account

  B. intercompany matching

  C. matching bank and point-of-sale transactions

  D. variance analysis for current and prior period balances

  Correct Answer: A

  Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/suarc/ admin_trans_match_setup_define_data_sources_100x69257777.html

• Question 36:

  To which do you assign Holiday Rules?

  A. profiles

  B. calendars

  C. organizational units

  D. periods

  Correct Answer: B

  Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/suarc/ setup_holiday_rules_create_112xd058af2d.html

• Question 37:

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

  A. under Application, select Configuration, and then System Settings

  B. under Tools, select Access Control, then Power User Security

  C. under Application, select Configuration, and then Profile Segments D. under Application, select Profiles

  Correct Answer: A

  Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/ cgsad/4_managing_epm_cloud_users_roles_arcs.html

• Question 38:

  Which statement is true regarding the Normal Balance attribute in a profile?

  A. It is assigned automatically based on the account type.

  B. Preparers cannot save a reconciliation if the balance type is other than expected.

  C. When it is selected, reconciliations display a warning if their balance is zero.

  D. Reconciliations display a warning if the balance type is other than expected.

  Correct Answer: D

  Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/suarc/ setup_profile_create_profile_106xc6e8be7c.html

• Question 39:

  Which property of profiles is set automatically when you select the format for the profile?

  A. Method

  B. Normal Balance

  C. Process

  D. Account Type

  Correct Answer: D

• Question 40:

  Which two conditions can make a profile invalid? (Choose two.)

  A. The Normal Balance setting does not match the account type.

  B. No preparer is assigned on the Workflow tab.

  C. No currency buckets are enabled.

  D. Aging limits have not been specified.

  Correct Answer: AB

  Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/adarc/GUID-3B2518AE-A5E544CD-A032-5CB119F087FE.pdf