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Oracle Account Reconciliation 2023 Certified Implementation Professional
Format: Multiple Choice
Duration: 60 Minutes
Exam Price: $
Number of Questions: 25
Passing Score: 76%
Validation: This exam has been validated against 22A/22B/22C/22D/23A/23B.
Policy: Cloud Recertification
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Oracle Cloud Applications (SaaS) Delta Exams make it easier for employees, customers, and partners to keep their Cloud Applications certification credentials current without needing to retake the full base exam. The delta exams focus on new features as well as core concepts.
You must have a valid Oracle Account Reconciliation Implementation Professional Certification exam credential in order to take this Delta exam. If you are not eligible to take the Delta exam, you will need to take the Oracle Account Reconciliation 2023 Implementation Professional Certification exam.
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An Oracle Account Reconciliation 2023 Certified Implementation Professional has demonstrated the knowledge and expertise in implementing account reconciliation solutions. Individuals with this certification can configure reconciliation compliance and transaction matching, manage reconciliations, load data, and configure reconciliation rules, as well as set up calendars and teams.
Take recommended training
Complete one of the courses below to prepare for your exam (optional):
Delta Exam Preparation: Certified Account Reconciliation Implementation Professional Implementer
Additional Preparation and Information
A combination of Oracle training and hands-on experience (attained via labs and/or field experience), in the learning subscription, provides the best preparation for passing the exam.
Review exam topics
Solution Overview
Describe user roles (Administrator, Power User, User, Viewer)
Configuring Reconciliation Compliance
Create and manage Formats
Create and manage Profiles (Manual entry, copy & paste, delete, export and import; change threshold)
Import and Export Teams
Managing Reconciliations
Describe Individual, Group, and Summary Reconciliations
Manage Period Status
Transfer reconciliations between users
Review, Approve, Reject, and Reopen reconciliations
Loading Data
Describe methods of loading data (including EPM Automate and REST APIs)
Load manual Pre-mapped data
Import Data Using Data Management
Load Data Using Data Integration
Creating and Managing Rules
Describe the Types of Rules
Configuring Transaction Matching
Create Match Types (Data Sources, Attributes, Transaction Types)
Configure Match Processes (including matching rules)
Create Formats and Profiles for Transaction Matching reconciliations
Export and Import Match Types
Import Transactions to Data Sources
Perform Transaction Matching
Explain Transaction Matching Processes – Load data, run Auto Match, Confirm Suggested Matches, Create Manual Matches
Analyzing Transaction Matches
Describe 5 balancing scenarios (Golden Rules)
Review Transaction Matching Period-End Balancing
Setting Up the System
Set Up Organization Units and Calendars
Set Up Teams
Sample Question and Answers
QUESTION 1
From which two dates defined in the period can you schedule reconciliations? (Choose two.)
A. end date
B. prior period end date
C. close date
D. start date
Answer: AC
QUESTION 2
Which statement is always true of data loads from Data Management?
A. You must select either Actual or Budget as the scenario for the data.
B. You cannot load data into reconciliations with a status of Closed.
C. Only users with the administrator role can run data loads.
D. If there is no change in the balance, the reconciliation is not updated.
Answer: A
QUESTION 3
Which keyword in a Teams import file identifies the section with the team members?
A. #team_children
B. #team
C. #team_items
D. #dependents
Answer: B
QUESTION 4
Which two Bank File formats does Account Reconciliation support using pre-built adapters in Data Management? (Choose two.)
A. SWIFT MT940
B. BAI
C. EDI
D. XML
Answer: AB
QUESTION 5
Which expression do you include in the Expression field of the Amount column in an import format to ensure that zero balances are loaded?
A. Source system
B. NZP
C. 0
D. Include Null
Answer: B
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