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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which two are auto-reconciliation methods? (Choose two.)

A) Balance Match (%tolerance)
B) Balance has not changed
C) No Data
D) Balance is zero and no activity

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

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

3. Which two statements are true about Group reconciliations? (Choose two.)

A) You cannot use Data Management to import balances for group reconciliations.
B) Group reconciliations include other individual reconciliations as children.
C) The format for the reconciliation must be enabled for Group Reconciliation.
D) You can import balances into periods as pre-mapped data.
E) The Group Detail tab shows data for the group reconciliation sub segments.

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

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

5. Which is NOT a step in the process for reconciliation compliance?

A) prepare reconciliations
B) confirm suggested matches
C) load balances
D) execute automation like Automatic Recon and Rules

Solutions: