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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. You are a preparer with the User role and you are going on vacation.
How can you assign responsibility for reconciliations currently open with you to the backup preparer?

A) In the Actions menu of the reconciliations, select Request Reassignment.
B) In the Workflow tab of the reconciliations, select a backup preparer in the Backup Preparer field.
C) In User Preferences, change your status to Out of Office.
D) Click the Release button in the reconciliations to release it to the other team members.

2. Which two rule types are available in profiles? (Choose two.)

A) Require Reconciliation Attachment
B) Copy Transactions from Prior Reconciliation
C) Flag As Needs Attention
D) Delete Reconciliation
E) Auto Approve Reconciliation

3. To which do you assign Holiday Rules?

A) organizational units
B) calendars
C) periods
D) profiles

4. Which statement about rules is FALSE?

A) A profile can have a maximum of three rules.
B) You can use a saved filter as the condition in a rule.
C) Profiles inherit rules from their formats.
D) A rule can set a reconciliation attribute to a specified value when the rule conditions are met.

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

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

Solutions: