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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which three types of reconciliations are suitable for the Transaction Matching feature? (Choose three.)

A) reconciliations that have amortizing transactions
B) reconciliations with a single data source, like a clearing account
C) accounts with high volumes of data
D) reconciliations with 2 or more data sources, like a cash or accounts receivable account
E) reconciliations that are typically zero balance accounts with low activity

2. Which is true when you reopen a reconciliation?

A) It reopens to the service administrator.
B) It reopens to the last reviewer.
C) You select the role to which it reopens to.
D) It reopens to the preparer.

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

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

4. Which statement about rules is FALSE?

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

5. The objects within the match type refer to data sources, the data source attributes, the match processes, the
rules, and the rule conditions. Which statement is FALSE about importing a match type with the same name as
an existing match type?

A) Objects that exist in the system but not in the import file are deleted.
B) New objects are created in the system from the objects in the import file if they do not exist.
C) Objects from the import file overwrite objects with the same name in the system.
D) Objects with the same name in the system as in the import file are not updated.

Solutions: