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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which two Bank File formats does Account Reconciliation support using pre-built adapters in Data
Management? (Choose two.)

A) XML
B) SWIFT MT940
C) BAI
D) EDI

2. Which statement is FALSE about reconciliations when the period is Closed?

A) Reviewers can approve reconciliations under review.
B) Preparers can submit reconciliations with Open status.
C) Reconciliations with Pending status can start.
D) You can load data to reconciliations for the period.

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

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

4. In which location do you configure rules for reconciliation compliance transactions?

A) Match Type
B) Format
C) Profile
D) Reconciliation

5. In which row does an unmatched transaction with an accounting date of April 30th display in the period-end
reconciliation for May 31?

A) Unmatched Supported
B) Matched In Transit
C) Unmatched
D) It is excluded from the report

Solutions:

Question # 1 Answer: B,C

Question # 2 Answer: D

Question # 3 Answer: A,C

Question # 4 Answer: B

Question # 5 Answer: A