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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which statement is true about saved filters?

A) Only service administrators can publish filters.
B) Any user can publish a saved filter that they created.
C) Saved Filters are public by default.
D) Only power users and service administrators can publish filters.

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

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

3. 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.

4. Which two statements are correct about deleting reconciliations? (Choose two.)

A) The balances loaded for a period are not deleted when the reconciliation is deleted.
B) Only the preparer of the reconciliation can delete the reconciliation.
C) Only a Service Administrator or a Power User can delete a reconciliation.
D) The reconciliation status must be Pending.

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

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

Solutions: