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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which two are matching rule types?

A) Matches with Tolerance
B) One to One
C) Suggested Match
D) Adjustment
E) Matches Exactly

2. A team has been assigned as the preparer for a reconciliation, and one team member is designated as the
primary user.
What characterizes the primary user?

A) The primary user must approve the reconciliation before the preparer submits the reconciliation.
B) The system automatically claims the reconciliation for the primary use when the reconciliation status changes to Open (with preparer).
C) The primary user can edit the reconciliation properties.
D) The system automatically re-assigned the reconciliation to the primary user when the current preparer is
out of the office.

3. In which location do you configure rules for reconciliation compliance transactions?

A) Reconciliation
B) Profile
C) Format
D) Match Type

4. When a user requests that responsibility for a reconciliation be reassigned to John, who is another regular user,
John should be able to approve the request.
How can this be configured?

A) In his User Preferences, John should select the Approve Reassignments option.
B) On the Manage Users tab of the Access Control page, assign John the Reassignment Approvers role.
C) Add John to the Reassignment Approvers security group.
D) On the Reassignment Requests tab in System Settings, in the Allow Reassignment Request Approval By
option, select Users.

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

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

Solutions: