1z0-1087-23 Exam Dumps - Oracle Account Reconciliation Questions and Answers

Calendars are associated with periods and organizational units.

One period may have many calendars to reflect different date configurations for the period.

An organizational unit can be assigned many calendars to enable reconciliations for different financial dates.

Calendars set the dates and frequencies for each period.

after you load transactions to the reconciliation data sources

after the period end date is reached

after the reconciliation meets its start date

after the reconciliation status changes to Open With Preparer

Unexplained difference is zero

Balance is zero

Zero activity

Balance is normal

No transactions

Reconciliations List

Overview Dashboard

Compliance Dashboard

Worklist

end date

prior period end date

close date

start date

work days

calendar

language

tax jurisdiction

Preparers can submit reconciliations with Open status.

Reviewers can approve reconciliations under review.

Reconciliations with Pending status can start.

You can load data to reconciliations for the period.

edit formats to which they are assigned access

prepare reconciliations

review reconciliations

edit profiles to which they are assigned access

Any user can publish a saved filter that they created.

Saved Filters are public by default.

Only power users and service administrators can publish filters.

Only service administrators can publish filters.

To explain the difference in balances within the same account over different periods.

To explain the difference in balances from the standards set by an organization in its budget.

To reconcile the same balance across general ledgers that follow different governing rules.

To justify each detail line of the total balance for the period.