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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. A team has been assigned as the preparer for a reconciliation, and one team member is designated as the
primary user.
What characterizes the primary user?

A) The primary user must approve the reconciliation before the preparer submits the reconciliation.
B) The system automatically claims the reconciliation for the primary use when the reconciliation status changes to Open (with preparer).
C) The primary user can edit the reconciliation properties.
D) The system automatically re-assigned the reconciliation to the primary user when the current preparer is
out of the office.

2. Which is required for a valid profile?

A) at least one rule
B) at least one level of review
C) at least one currency bucket
D) at least one question

3. What results if you load balances using Data Management to a period to which you previously imported pre-
mapped balances?

A) The reconciliation takes the balances loaded through Data Management and the pre-mapped balance load, and totals them.
B) The balances loaded through Data Management overwrite the pre-mapped balances.
C) The Data Management data load fails.
D) You are prompted whether to overwrite the pre-mapped balances.

4. Which is true when you reopen a reconciliation?

A) You select the role to which it reopens to.
B) It reopens to the last reviewer.
C) It reopens to the service administrator.
D) It reopens to the preparer.

5. Which two statements are true about reconciliation compliance filters?

A) They can control the records that you see in the list views.
B) You can apply them against unmatched transactions.
C) They allow you to save columns to view records on the screen.
D) They can be used by the rules engine.

Solutions: