Oracle Account Reconciliation 2020 Implementation Essentials

Here you have the best Oracle 1z0-1087-20 practice exam questions

Question 1 of 60

From which two dates defined in the period can you schedule reconciliations? (Choose two.)

end date

prior period end date

close date

start date

Correct Answer: A, C

Question 2 of 60

Which statement is always true of data loads from Data Management?

You must select either Actual or Budget as the scenario for the data.

You cannot load data into reconciliations with a status of Closed.

Only users with the administrator role can run data loads.

If there is no change in the balance, the reconciliation is not updated.

Correct Answer: A

Question 3 of 60

Which keyword in a Teams import file identifies the section with the team members?

#team_children

#team

#team_items

#dependents

Correct Answer: B

Question 4 of 60

Which expression do you include in the Expression field of the Amount column in an import format to ensure that zero balances are loaded?

Source system

NZP

Include Null

Correct Answer: B

Question 5 of 60

Which statement about loading pre-mapped balances is FALSE?

You can drill back to the ERP from the reconciliation screen.

You must select a currency bucket for the import.

You must select a period to which to load the balances.

You can import from either tab separated or comma separated files.

Correct Answer: A