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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which statement is FALSE about the profile segments?

A) The profile segments specify the level at which the organization reconcile account balances.
B) The profile segments control the mapping of balances to reconciliations.
C) The profile segments are configured as part of the system attributes,
D) You cannot change the profile segments after you have loaded profiles.

2. In the Balance Explanations tab of the Prepaid Expenses reconciliation, you want to include the transactions
and attachments from the prior period in the current period.
Which action should you perform?

A) In the Reconciliations list, copy the reconciliation from the prior period and paste it into the current
period.
B) Export the transactions from the prior period reconciliation and then import them to the current period reconciliation.
C) In the Balance Explanations tab of the current period reconciliation, select 'Copy Transactions from
Prior Reconciliation'.
D) In the profile for Prepaid Expenses reconciliations, select 'Include Prior Period Transactions'.

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

A) The job deletes all match type transactions, and the job status is set to Failed and Deleted,
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 transactions are not imported, the match type is locked, and the job status it set to Failed and Locked.
D) The entire import is rolled back, and the job status is set to Failed.

4. Which is NOT an attribute type for reconciliation compliance attributes?

A) True/False
B) Yes/No
C) Location
D) Number

5. To which do you assign default currencies?

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

Solutions: