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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. To which do you assign Holiday Rules?

A) organizational units
B) periods
C) profiles
D) calendars

2. From which two dates defined in the period can you schedule reconciliations? (Choose two.)

A) end date
B) close date
C) prior period end date
D) start date

3. The objects within the match type refer to data sources, the data source attributes, the match processes, the
rules, and the rule conditions. Which statement is FALSE about importing a match type with the same name as
an existing match type?

A) Objects from the import file overwrite objects with the same name in the system.
B) Objects that exist in the system but not in the import file are deleted.
C) Objects with the same name in the system as in the import file are not updated.
D) New objects are created in the system from the objects in the import file if they do not exist.

4. Which statement about loading pre-mapped balances is FALSE?

A) You can drill back to the ERP from the reconciliation screen.
B) You can import from either tab separated or comma separated files.
C) You must select a period to which to load the balances.
D) You must select a currency bucket for the import.

5. How can you configure a profile for reconciliation compliance to show the variance between a current 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) Create a calculated attribute to compare the prior period balance to the current period balance and add it to the profile.
C) Add a rule to the Rules tab.
D) Select a format with the Variance Analysis reconciliation method for the profile.

Solutions: