1Z0-1087-20 by Oracle Valid Free Exam Practice Test

Oracle EPM Account Reconciliation 2020 Implementation Essentials - 1Z0-1087-20 Exam Practice Test

Question 1

Which two Bank File formats does Account Reconciliation support using pre-built adapters in Data Management? (Choose two.)

A. EDI B. SWIFT MT940 C. XML D. BAI

Correct Answer: B,D

Question 2

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

A. load balances B. prepare reconciliations C. execute automation like Automatic Recon and Rules D. confirm suggested matches

Correct Answer: D

Question 3

Which two attribute types are required for each data source? (Choose two.)

A. Key Field B. Accounting Date C. Calculation D. Balancing Attribute

Correct Answer: B,D

Question 4

To which do you assign default currencies?

A. organizational units B. currency buckets C. account ids D. formats

Correct Answer: B

Question 5

What happens when you select the Key option for a data source attribute?

A. Transactions are sorted by the attribute. B. The attribute is hidden from users. C. Transactions with the same key attributes cannot be loaded. D. Values are required for the attribute.

Correct Answer: D

Question 6

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

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

Correct Answer: B

Question 7

You are creating a matching rule, and you want transactions that are within the specified tolerance range to be matched automatically, with no need for further user review.
Which option should you choose for the Match Status?

A. Suggested B. Auto Approve C. Auto Submit D. Confirmed

Correct Answer: B