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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

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

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

2. Which statement about manual matching in transaction matching is FALSE?

A) You can create adjustments to balance a match set.
B) You must be a power user or service administrator to create manual matches.
C) Transactions for which auto-matching rules did not find matches can be manually matched.
D) You can manually match transactions only if the amounts are within the tolerance.

3. Which statement is FALSE about reconciliations that use the Transaction Matching Only reconciliation
method?

A) They do not participate in period-end compliance workflow.
B) You must create profiles for them.
C) They do not need to be created for periods.
D) They display in both the Reconciliations list and the Matching list.

4. You are creating a matching rule, and you want transactions that are within the specified tolerance range to be
matched automatically, with no need for further user review.
Which option should you choose for the Match Status?

A) Suggested
B) Auto Approve
C) Auto Submit
D) Confirmed

5. Which two conditions can make a profile invalid? (Choose two.)

A) The Normal Balance setting does not match the account type.
B) No currency buckets are enabled.
C) Aging limits have not been specified.
D) No preparer is assigned on the Workflow tab.

Solutions: