Free Oracle 1z0-1087-23 Exam Dumps Questions & Answers

Which statement is FALSE about reconciliations that use the Transaction Matching Only reconciliation
method?

• A.They do not need to be created for periods.
• B.You must create profiles for them.
• C.They do not participate in period-end compliance workflow.
• D.They display in both the Reconciliations list and the Matching list.

A team has been assigned as the preparer for a reconciliation, and one team member is designated as the
primary user.
What characterizes the primary user?

• A.The system automatically claims the reconciliation for the primary use when the reconciliation status changes to Open (with preparer).
• B.The primary user must approve the reconciliation before the preparer submits the reconciliation.
• C.The primary user can edit the reconciliation properties.
• D.The system automatically re-assigned the reconciliation to the primary user when the current preparer is
  out of the office.

Which two conditions can make a profile invalid? (Choose two.)

• A.No preparer is assigned on the Workflow tab.
• B.No currency buckets are enabled.
• C.Aging limits have not been specified.
• D.The Normal Balance setting does not match the account type.

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

• A.Balance has not changed
• B.Balance Match (%tolerance)
• C.No Data
• D.Balance is zero and no activity

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.Do not select a Primary User for the Account Payable Reviewers team.
• C.Add a rule of the type Require Team Review to the Rules tab.
• D.On the Workflow tab of the Profile, select All Reviewers in the Require Action By field.