Oracle 1z0-1087-23 Practice Test Questions Answers
Exam Code: 1z0-1087-23
(Updated 79 Q&As with Explanation)
Exam Name: Oracle Account Reconciliation 2023 Implementation Essentials
Last Update: 04-May-2024
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1z0-1087-23 Overview
Oracle 1z0-1087-23 Exam Overview
| Overview | Details |
|---|---|
| Exam Name | 1z0-1087-23: Account Reconciliation 2023 Implementation Professional |
| Certification Path | Oracle Financials Cloud |
| Prerequisites | Understanding of accounting principles and Oracle Cloud ERP concepts |
| Exam Duration | 90 minutes |
| Number of Questions | 60 (all scored) |
| Question Format | Multiple choice |
| Passing Score | 68% |
| Retake Policy | 14-day wait for 1st failure, increasing to 365 days for 4th+ failures |
| Content Areas | See below |
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Oracle 1z0-1087-23 Exam Topics Breakdown
| Domain | Weight | Description |
|---|---|---|
| Account Reconciliation Setup and Configuration | 20% | Setting up reconciliation types, calendars, periods, and currencies |
| Managing Reconciliations | 20% | Creating, deleting, managing period status, transferring, reviewing, approving, rejecting, reopening reconciliations |
| Configuring Transaction Matching | 20% | Creating match types, configuring match processes, defining matching rules, setting up formats and profiles |
| Transaction Management | 15% | Importing, exporting transactions, managing data sources, working with transaction attributes |
| Reconciliation Analysis and Reporting | 15% | Generating reports, interpreting results, working with variances, performing exception tracking |
| Account Reconciliation Administration | 10% | User management, security settings, system preferences, troubleshooting |
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