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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which statement about rules is FALSE?

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

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

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

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

A) They can include calculated values.
B) You can no longer add/edit attributes after reconciliations are created.
C) They can be added to formats, profiles, and transactions.
D) You can assign access to attributes by user role.

4. Which statement is FALSE about the review process in reconciliation compliance?

A) You can assign backup reviewers.
B) Reviewers are sent notifications.
C) You can assign a team as reviewer.
D) You can have up to seven levels of review.

5. Which property of profiles is set automatically when you select the format for the profile?

A) Method
B) Process
C) Account Type
D) Normal Balance

Solutions: