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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which statement is FALSE about calendars?

A) An organizational unit can be assigned many calendars to enable reconciliations for different financial
dates.
B) One period may have many calendars to reflect different date configurations for the period.
C) Calendars are associated with periods and organizational units.
D) Calendars set the dates and frequencies for each period.

2. In which row does an unmatched transaction with an accounting date of April 30th display in the period-end
reconciliation for May 31?

A) Unmatched Supported
B) Unmatched
C) It is excluded from the report
D) Matched In Transit

3. Which statement regarding user-defined attributes is FALSE?

A) You can no longer add/edit attributes after reconciliations are created.
B) They can include calculated values.
C) You can assign access by user role.
D) They can be assigned default value.

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

Solutions: