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Welcome to Oracle 1Z0-1087-20 practice test online

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
Correct Answer: D

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

Which statement about manual matching in transaction matching is FALSE?
A. You can manually match transactions only if the amounts are within the tolerance.
B. Transactions for which auto-matching rules did not find matches can be manually matched.
C. You must be a power user or service administrator to create manual matches.
D. You can create adjustments to balance a match set.
Correct Answer: A

The transaction matching period-end reconciliation displays an unexplained difference other than zero. Which two are
possible explanations? (Choose two.)
A. Currency exchanges rates are out of date.
B. Journal adjustments created were not posted.
C. You do not have security access to all the transactions.
D. The data load for transactions was incomplete.
Correct Answer: BC

What results if you load balances using Data Management to a period to which you previously imported pre-mapped
A. The Data Management data load fails.
B. You are prompted whether to overwrite the pre-mapped balances.
C. The balances loaded through Data Management overwrite the pre-mapped balances.
D. The reconciliation takes the balances loaded through Data Management and the pre-mapped balance load, and
totals them.
Correct Answer: C
Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/adarc/admin_import_premapped_balances_102xfdf77b0f.html

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
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. In the Balance Explanations tab of the current period reconciliation, select `Copy Transactions from Prior
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. Export the transactions from the prior period reconciliation and then import them to the current period reconciliation.
Correct Answer: B

To which do you assign default currencies?
A. currency buckets
B. account ids
C. organizational units
D. formats
Correct Answer: A
Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/suarc/setup_profile_currency_create_132xd5cdfe3e.html

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

Which two statements are true about importing and exporting match types? (Choose two.)
A. Match types are exported to a .zip folder.
B. Import can update match types with Pending status only.
C. Match types are exported to comma-separated (CSV) files.
D. Import can update match types with Approved status only.
Correct Answer: BC
Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/suarc/admin_trans_match_setup_create_recon_types_106x68132b777_may_5.html

Which two are properties of the organizational unit? (Choose two.)
A. work days
B. calendar
C. language
D. tax jurisdiction
Correct Answer: AB
Reference: https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/suarc/setup_org_units_add_120xd0591c49.html

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

You want to require that preparers answer a question certifying that they followed the company accounting policies in
preparing the reconciliation.
Where do you add the question?
A. to the match type
B. to the profile
C. to the reconciliation
D. to the format
Correct Answer: D
Reference: https://docs.oracle.com/en/cloud/saas/account-reconcilecloud/suarc/GUID-52A3F1EF-7D3541F5-A284-861268631470.pdf (5-18)

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