Exit demo 1Z0-1087-20 Oracle Account Reconciliation 2020 Implementation Essentials PDF format · free preview

Oracle 1Z0-1087-20 - Questions & Answers

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Question 1
Multiple choice

From which two dates defined in the period can you schedule reconciliations? (Choose two.)

A.

end date

B.

prior period end date

C.

close date

D.

start date

Question 2
Single choice

Which statement is always true of data loads from Data Management?

A.

You must select either Actual or Budget as the scenario for the data.

B.

You cannot load data into reconciliations with a status of Closed.

C.

Only users with the administrator role can run data loads.

D.

If there is no change in the balance, the reconciliation is not updated.

Question 3
Single choice

Which keyword in a Teams import file identifies the section with the team members?

A.

#team_children

B.

#team

C.

#team_items

D.

#dependents

Question 4
Multiple choice

Which two Bank File formats does Account Reconciliation support using pre-built adapters in Data Management? (Choose two.)

A.

SWIFT MT940

B.

BAI

C.

EDI

D.

XML

Question 5
Single choice

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.

Source system

B.

NZP

C.

0

D.

Include Null

Question 6
Single choice

Which statement about loading pre-mapped balances is FALSE?

A.

You can drill back to the ERP from the reconciliation screen.

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 import from either tab separated or comma separated files.

Question 7
Single choice

You want to load balances for both the Entered currency bucket and the Functional currency bucket in a single data load.

Which tool should you use?

A.

`Import pre-mapped balances' option in the Periods page

B.

Data Management data load rule

C.

Smart View

D.

Supplemental Data Management form

Question 8
Single choice

Which is required for a valid profile?

A.

at least one level of review

B.

at least one question

C.

at least one rule

D.

at least one currency bucket

Question 9
Single choice

Which statement is FALSE about Summary reconciliations?

A.

The Group Detail tab shows transactions for the sub segments.

B.

You can select Show All on the Balance Summary tab to view balances for the child reconciliations.

C.

Summary reconciliations include other individual reconciliations as children.

D.

The Unexplained Difference on the Balance Summary tab shows the total unexplained difference for all the child reconciliations.

Question 10
Single choice

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.

In the Instructions tab of the profile, add instructions for all team members to review the reconciliation.

B.

On the Workflow tab of the Profile, select All Reviewers in the Require Action By field.

C.

Add a rule of the type Require Team Review to the Rules tab.

D.

Do not select a Primary User for the Account Payable Reviewers team.

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