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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which three fields are required in a load file for pre-mapped balances?

A) Period
B) Amount
C) Currency Code
D) Reconciliation ID
E) Entity
F) Currency Bucket

2. Which statement is FALSE of teams?

A) Teams are assigned to profiles on the Workflow tab.
B) A user can belong to more than one team.
C) A team can have another team as a member.
D) Teams can be assigned a primary user.

3. Which statement about rules is FALSE?

A) A rule can set a reconciliation attribute to a specified value when the rule conditions are met.
B) You can use a saved filter as the condition in a rule.
C) A profile can have a maximum of three rules.
D) Profiles inherit rules from their formats.

4. Which keyword in a Teams import file identifies the section with the team members?

A) #team
B) #team_items
C) #team_children
D) #dependents

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

Solutions: