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Vendor: Oracle
Exam Code: 1Z0-1087-20
Exam Name: Oracle Account Reconciliation 2020 Implementation Essentials
Certification Provider: Oracle
Total Questions: 60 Q&A ( View Details)
Updated on: Mar 27, 2025
Note: Product instant download. Please sign in and click My account to download your product.Which statement is FALSE about Summary reconciliations?
A. The Group Detail tab shows transactions for the sub segments.
B. You can select Show All on the Balance Summary tab to view balances for the child reconciliations.
C. Summary reconciliations include other individual reconciliations as children.
D. The Unexplained Difference on the Balance Summary tab shows the total unexplained difference for all the child reconciliations.
Which statement is FALSE about reconciliations that use the Transaction Matching Only reconciliation method?
A. They display in both the Reconciliations list and the Matching list.
B. They do not participate in period-end compliance workflow.
C. They do not need to be created for periods.
D. You must create profiles for them.
You want to require that preparers answer a question certifying that they followed the company accounting policies in preparing the reconciliation.
Where do you add the question?
A. to the match type
B. to the profile
C. to the reconciliation
D. to the format
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