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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which ability does NOT belong to users with the Power User role?

A) review reconciliations
B) edit profiles to which they are assigned access
C) edit formats to which they are assigned access
D) prepare reconciliations

2. Which statement is FALSE about calendars?

A) An organizational unit can be assigned many calendars to enable reconciliations for different financial
dates.
B) One period may have many calendars to reflect different date configurations for the period.
C) Calendars are associated with periods and organizational units.
D) Calendars set the dates and frequencies for each period.

3. Which is NOT a step in the process for reconciliation compliance?

A) confirm suggested matches
B) execute automation like Automatic Recon and Rules
C) prepare reconciliations
D) load balances

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

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

5. To which do you assign default currencies?

A) account ids
B) organizational units
C) currency buckets
D) formats

Solutions: