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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which statement is FALSE about reconciliations when the period is Closed?

A) You can load data to reconciliations for the period.
B) Preparers can submit reconciliations with Open status.
C) Reconciliations with Pending status can start.
D) Reviewers can approve reconciliations under review.

2. Which three fields are required in a load file for pre-mapped balances?

A) Currency Bucket
B) Amount
C) Currency Code
D) Entity
E) Reconciliation ID
F) Period

3. Which is the minimum user security role required to edit profiles?

A) User
B) Viewer
C) Power User
D) Service Administrator

4. Which two statements are true about importing and exporting match types? (Choose two.)

A) Import can update match types with Approved status only.
B) Import can update match types with Pending status only.
C) Match types are exported to a .zip folder.
D) Match types are exported to comma-separated (CSV) files.

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

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

Solutions: