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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which statement is FALSE about the profile segments?

A) You cannot change the profile segments after you have loaded profiles.
B) The profile segments are configured as part of the system attributes,
C) The profile segments control the mapping of balances to reconciliations.
D) The profile segments specify the level at which the organization reconcile account balances.

2. Which two are tasks that can be performed using EPM Automate? (Choose two.)

A) import premapped data
B) set period status
C) export balances
D) export journals

3. Which statement is true regarding the Normal Balance attribute in a profile?

A) It is assigned automatically based on the account type.
B) Preparers cannot save a reconciliation if the balance type is other than expected.
C) Reconciliations display a warning if the balance type is other than expected.
D) When it is selected, reconciliations display a warning if their balance is zero.

4. The objects within the match type refer to data sources, the data source attributes, the match processes, the
rules, and the rule conditions. Which statement is FALSE about importing a match type with the same name as
an existing match type?

A) Objects with the same name in the system as in the import file are not updated.
B) New objects are created in the system from the objects in the import file if they do not exist.
C) Objects from the import file overwrite objects with the same name in the system.
D) Objects that exist in the system but not in the import file are deleted.

5. Which statement is FALSE about calendars?

A) One period may have many calendars to reflect different date configurations for the period.
B) Calendars set the dates and frequencies for each period.
C) Calendars are associated with periods and organizational units.
D) An organizational unit can be assigned many calendars to enable reconciliations for different financial
dates.

Solutions: