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Oracle 1Z0-1087-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Account and Profile Management | 25% | - Create and manage account reconciliations and profiles - Configure format rules for transaction matching - Set up auto-matching and transaction pairing rules - Configure account attributes and segment mapping |
| Compliance and Reporting | 20% | - Monitor reconciliation compliance and status - Generate and review reconciliation reports - Configure approval workflows and notifications - Use the Financial Reporting Journal for reporting |
| Getting Started with Account Reconciliation | 15% | - Describe Account Reconciliation and its capabilities - Describe how to access Account Reconciliation - Identify the components of Account Reconciliation - Explain the user roles available in Account Reconciliation |
| Integration and Data Management | 10% | - Describe Data Management integration capabilities - Integrate with Oracle Enterprise Performance Management (EPM) modules - Manage data exports and imports |
| Configuration | 30% | - Configure transaction matching rules and matching methods - Configure period mapping and data source synchronization - Set up transaction matching data sources and format mappings - Configure system settings, including periods, calendars, and approval settings |
1Z0-1087-21 Exam Facts: What to Know Before You Commit
The latest exam information lists 60 questions for the 1Z0-1087-21 exam, to be completed within 120 minutes minutes. Knowing the format cold is half the battle — timed practice handles the other half.
These are the core domains of the Oracle Account Reconciliation 2021 Implementation Essentials blueprint:
- Configuration (30%)
- Integration and Data Management (10%)
- Compliance and Reporting (20%)
The remaining domains appear in the full official outline, all of which our bank addresses.
Oracle sets the following prerequisites for the Oracle Account Reconciliation 2021 Implementation Essentials: Basic knowledge of Oracle EPM Cloud is recommended; Oracle Fusion Financials experience is beneficial.
Check the current requirements on the official certification page before scheduling.
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As of the latest information, the 1Z0-1087-21 exam's passing score is 60% and the registration fee is USD 245. Oracle can adjust either figure, so verify both on the official site before you book.
Oracle Account Reconciliation 2021 Implementation Essentials Sample Questions:
You want the holidays to be skipped when scheduling due dates for reconciliations for an organizational unit. What should you do?
- A. Create a holiday rule and assign it to the organizational unit.
- B. Create a calendar and assign it to the organizational unit.
- C. Edit the due date in the reconciliations for the organizational unit.
- D. Add a rule to the Rules tab of the profiles for the reconciliations.
Correct Answer: A 🗳️
Which two conditions can make a profile invalid? (Choose two.)
- A. No currency buckets are enabled.
- B. The Normal Balance setting does not match the account type.
- C. Aging limits have not been specified.
- D. No preparer is assigned on the Workflow tab.
Correct Answer: B,D 🗳️
Which three types of reconciliations are suitable for the Transaction Matching feature? (Choose three.)
- A. reconciliations that are typically zero balance accounts with low activity
- B. reconciliations with 2 or more data sources, like a cash or accounts receivable account
- C. reconciliations that have amortizing transactions
- D. reconciliations with a single data source, like a clearing account
- E. accounts with high volumes of data
Correct Answer: A,B,D 🗳️
Which two statements are true about Group reconciliations? (Choose two.)
- A. You cannot use Data Management to import balances for group reconciliations.
- B. The format for the reconciliation must be enabled for Group Reconciliation.
- C. You can import balances into periods as pre-mapped data.
- D. Group reconciliations include other individual reconciliations as children.
- E. The Group Detail tab shows data for the group reconciliation sub segments.
Correct Answer: B,C 🗳️
Which keyword in a Teams import file identifies the section with the team members?
- A. #dependents
- B. #team
- C. #team_children
- D. #team_items
Correct Answer: B 🗳️
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