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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

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

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

2. When would you use the Variance Analysis reconciliation method?

A) To reconcile the same balance across general ledgers that follow different governing rules.
B) To justify each detail line of the total balance for the period.
C) To explain the difference in balances within the same account over different periods.
D) To explain the difference in balances from the standards set by an organization in its budget.

3. Which statement is FALSE regarding user-defined attributes?

A) They can include calculated values.
B) They can be added to formats, profiles, and transactions.
C) You can no longer add/edit attributes after reconciliations are created.
D) You can assign access to attributes by user role.

4. Which two statements are true about importing and exporting match types? (Choose two.)

A) Match types are exported to a .zip folder.
B) Match types are exported to comma-separated (CSV) files.
C) Import can update match types with Approved status only.
D) Import can update match types with Pending status only.

5. Which statement about loading pre-mapped balances is FALSE?

A) You must select a currency bucket for the import.
B) You can import from either tab separated or comma separated files.
C) You must select a period to which to load the balances.
D) You can drill back to the ERP from the reconciliation screen.

Solutions: