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

2. Which statement is FALSE of teams?

A) A team can have another team as a member.
B) Teams can be assigned a primary user.
C) A user can belong to more than one team.
D) Teams are assigned to profiles on the Workflow tab.

3. Which statement about rules is FALSE?

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

4. Which is true when you reopen a reconciliation?

A) It reopens to the last reviewer.
B) You select the role to which it reopens to.
C) It reopens to the service administrator.
D) It reopens to the preparer.

5. Which three fields are required in a load file for pre-mapped balances?

A) Reconciliation ID
B) Currency Bucket
C) Currency Code
D) Entity
E) Period
F) Amount

Solutions: