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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which two statements are true about match types with Pending status?

A) You can perform matching on reconciliations for the match type.
B) You cannot edit the matching rules.
C) You can load data to Pending reconciliations for the match type.
D) You can edit the data sources attributes.

2. Which statement is FALSE about reconciliations when the period is Closed?

A) You can load data to reconciliations for the period.
B) Reconciliations with Pending status can start.
C) Reviewers can approve reconciliations under review.
D) Preparers can submit reconciliations with Open status.

3. Which two tasks can be performed using EPM Automate?

A) Export journals.
B) Set period status.
C) Import match types.
D) Load pre-mapped balances.

4. Which statement about manual matching in transaction matching is FALSE?

A) You can create adjustments to balance a match set.
B) You can manually match transactions only if the amounts are within the tolerance.
C) Transactions for which auto-matching rules did not find matches can be manually matched.
D) You must be a power user or service administrator to create manual matches.

5. An error occurs during an import transactions job for a match type. What is the result of the job?

A) The transactions are not imported, the match type is locked, and the job status it set to Failed and Locked.
B) Successfully imported transactions are committed to the system, failed transactions are logged, and the
job status is set to Completed with Errors.
C) The job deletes all match type transactions, and the job status is set to Failed and Deleted,
D) The entire import is rolled back, and the job status is set to Failed.

Solutions: