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Oracle 1Z0-1087-21 Exam

Certification Provider: Oracle
Exam Name: Oracle Account Reconciliation 2021 Implementation Essentials
Duration: 90 Minutes
Number of questions in our database: 79
Exam Version: Nov. 27, 2021
1Z0-1087-21 Exam Official Topics:
  • Topic 1: Create and manage Profiles (Manual entry, copy & paste, delete, export and import; change theshold)/ Explain Processes for Reconciliation Compliance (5 step process)
  • Topic 2: Describe Reconciliation Compliance and Transaction Matching/ Describe user roles (Administrator, Power User, User, Viewer)
  • Topic 3: Describe Individual, Group, and Summary Reconciliations/ Describe methods of loading data (including EPM Automate and REST APIs)
  • Topic 4: Review, Approve, Reject, and Reopen reconciliations/ Configure Match Processes (including matching rules)
  • Topic 5: Create Formats and Profiles for Transaction Matching reconciliations/ Create Match Types (Data Sources, Attributes, Transaction Types)
  • Topic 6: Identify Use Cases – Clearing or Accrual Reconciliations, Reconciling Debits and Credits/ Export adjustments or transactions as journal entries
  • Topic 7: Review Transaction Matching Period-End Balancing/ Define Currency Rates and Currency Buckets
  • Topic 8: Configuring Reconciliation Compliance/ Describe 5 balancing scenarios (Golden Rules)/ Transfer reconciliations between users
  • Topic 9: Explain Transaction Matching Processes/ Analyzing Transaction Matches/ Describe Reconciliation Methods
  • Topic 10: Add calculated attributes and filters/ Configuring Transaction Matching

Free Oracle 1Z0-1087-21 Exam Actual Questions

The questions for 1Z0-1087-21 were last updated On Nov. 27, 2021

Question #1

Which is true when you reopen a reconciliation?

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Correct Answer: B

Question #2

Which statement is FALSE regarding user-defined attributes?

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Correct Answer: A

Question #3

What happens to a reconciliation if a team member who prepared the reconciliation is deleted from the team at a later point of time?

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Correct Answer: D

Question #4

An error occurs during an import transactions job for a match type. What is the result of the job?

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Correct Answer: B

Question #5

Which two are matching rule types?

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Correct Answer: C, D

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