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Oracle Account Reconciliation 2023 Implementation Professional Sample Questions:

1. Which property of profiles is set automatically when you select the format for the profile?

A) Process
B) Method
C) Normal Balance
D) Account Type

2. Which two options indicate the minimum and respectively the maximum number of currency buckets you can
enable? (Choose two.)

A) three
B) four
C) one
D) two

3. Which statement regarding user-defined attributes is FALSE?

A) You can assign access by user role.
B) They can include calculated values.
C) You can no longer add/edit attributes after reconciliations are created.
D) They can be assigned default value.

4. Which is required for a valid profile?

A) at least one level of review
B) at least one currency bucket
C) at least one question
D) at least one rule

5. What happens to a reconciliation if a team member who prepared the reconciliation is deleted from the team at
a later point of time?

A) Changes made by the deleted member are reassigned to the primary member of the team for review and
approval,
B) Changes made by the deleted member are kept intact and the deleted member still appears as the original preparer.
C) The reconciliation is flagged as invalid and needs to be re-created by the administrator.
D) Changes made by the deleted member are reverted and the deleted member is removed from the
reconciliation as preparer.

Solutions: