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Information about Oracle 1Z0-1087-20 Exam

Vendor: Oracle

Exam Code: 1Z0-1087-20

Exam Name: Oracle Account Reconciliation 2020 ImplementationEssentials

Number of Questions: 60

Certification Name: Enterprise Performance Management (SaaS - EPM)

Exam Language: English

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Question No. 1

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

A. Balance Match (%tolerance)B. No DataC. Balance has not changedD. Balance is zero and no activity

Answer: A, D

Question No. 2

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.

Answer: D

Question No. 3

How can you configure a profile for reconciliation compliance to show the variance between acurrent period balance and a prior period balance in a separate workflow from the reconciliation?

A. On the currency tab, enable a currency bucket for that prior period balance.B. Add a rule to the Rules tab.C. Select a format with the Variance Analysis reconciliation method for the profile.D. Create a calculated attribute to compare the prior period balance to the current periodbalance and add it to the profile.

Answer: C

Question No. 4

Which is NOT a step in configuring journals in Transaction Matching?

A. create journal columnsB. map journal columns to data source attribute columnsC. define data source filtersD. create journal templates

Answer: D

Question No. 5

Which is NOT a step in the process for reconciliation compliance?

A. prepare reconciliationsB. execute automation like Automatic Recon and RulesC. load balancesD. confirm suggested matches

Answer: D

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