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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

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

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

2. When can you run auto-matching for a transaction matching reconciliation?

A) after the period end date is reached
B) after the reconciliation meets its start date
C) after you load transactions to the reconciliation data sources
D) after the reconciliation status changes to Open With Preparer

3. Which two statements are correct about deleting reconciliations? (Choose two.)

A) Only the preparer of the reconciliation can delete the reconciliation.
B) The reconciliation status must be Pending.
C) The balances loaded for a period are not deleted when the reconciliation is deleted.
D) Only a Service Administrator or a Power User can delete a reconciliation.

4. Which rule runs during the post-processing of data loads?

A) Send Email On Update
B) Copy Transactions
C) Auto Submit Reconciliation
D) Auto Match Transactions
E) Create Reconciliations

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

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

Solutions: