Description
This is Oracle Account Reconciliation 2023 Implementation Professional Practice Test. These mock tests will help you in preparation for the 1z0-1087-23 exam. All the latest questions are covered in the test. Solution OverviewDescribe Reconciliation Compliance and Transaction MatchingExplain Processes for Reconciliation Compliance (5-step process)Describe Reconciliation Methods (Balance Comparison, Account Analysis, Variance Analysis, Balance Comparison with Transaction Matching, Account Analysis with Transaction Matching, and Transaction Matching Only)Describe user roles (Administrator, Power User, User, Viewer)Configuring Reconciliation ComplianceCreate and manage FormatsCreate and manage Profiles (Manual entry, copy & paste, delete, export and import; change threshold)Import and Export TeamsManaging ReconciliationsDescribe Individual, Group, and Summary ReconciliationsCreate and delete ReconciliationsManage Period StatusTransfer reconciliations between usersReview, Approve, Reject, and Reopen reconciliationsLoading DataDescribe methods of loading data (including EPM Automate and REST APIs)Load manual pre-mapped dataImport Data Using Data ManagementLoad Data Using Data IntegrationCreating and Managing RulesAdd calculated attributes and filtersDescribe the Types of RulesAdd Rules to Formats and ProfilesPublish FiltersConfiguring Transaction MatchingCreate Match Types (Data Sources, Attributes, Transaction Types)Configure Match Processes (including matching rules)Create Formats and Profiles for Transaction Matching reconciliationsExport and Import Match TypesImport Transactions to Data SourcesPerform Transaction MatchingExplain Transaction Matching Processes - Load data, run Auto Match, Confirm Suggested Matches, Create Manual MatchesIdentify Use Cases - Clearing or Accrual Reconciliations, Reconciling Debits and CreditsExport adjustments or transactions as journal entriesAnalyzing Transaction MatchesDescribe 5 balancing scenarios (Golden Rules)Review Transaction Matching Period-End BalancingSetting Up the SystemDiscuss Profile SegmentsDefine Currency Rates and Currency BucketsSet Up Organization Units and CalendarsConfigure PeriodsSet Up TeamsTaking a 1z0-1087-23 practice test is a great way to know whether you're ready to takethe real 1z0-1087-23 exam or if you need to study a bit more. Best of Luck and Happy Learning! Official Exam DetailsExam ID: 1z0-1087-23Duration: 90 minutesPassing Score: 68%Number of Questions: 60
