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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. You want to load balances for both the Entered currency bucket and the Functional currency bucket in a single
data load.
Which tool should you use?

A) Smart View
B) 'Import pre-mapped balances' option in the Periods page
C) Supplemental Data Management form
D) Data Management data load rule

2. Where do you navigate to configure power users access to profiles?

A) under Application, select Configuration, and then System Settings
B) under Application, select Profiles
C) under Tools, select Access Control, then Power User Security
D) under Application, select Configuration, and then Profile Segments

3. Which transaction matching method is used to match the transactions between two systems if period-end
reconciliation is not the objective?

A) Account Analysis with Transaction Matching
B) Transaction Matching Only
C) Variance Analysis with Transaction Matching
D) Balance Comparison with Transaction Matching

4. Which statement is true regarding the Normal Balance attribute in a profile?

A) It is assigned automatically based on the account type.
B) When it is selected, reconciliations display a warning if their balance is zero.
C) Preparers cannot save a reconciliation if the balance type is other than expected.
D) Reconciliations display a warning if the balance type is other than expected.

5. What results if you load balances using Data Management to a period to which you previously imported pre-
mapped balances?

A) You are prompted whether to overwrite the pre-mapped balances.
B) The Data Management data load fails.
C) The reconciliation takes the balances loaded through Data Management and the pre-mapped balance load, and totals them.
D) The balances loaded through Data Management overwrite the pre-mapped balances.

Solutions: