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Oracle 1Z0-1087-21 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Account Reconciliation 2021 Implementation Essentials
Exam Number:1z0-1087-21
Exam Price:USD 245
Available Languages:English
Exam Duration:120 minutes
Related Certifications:Oracle Enterprise Performance Management Cloud
Oracle Financial Consolidation and Close Cloud
Real Exam Qty:60
Passing Score:60%
Exam Format:Multiple Choice
Sample Questions: DOWNLOAD DEMO
Exam Way:Online proctored exam (Pearson VUE)
Pre Condition:Basic knowledge of Oracle EPM Cloud is recommended; Oracle Fusion Financials experience is beneficial
Official Syllabus URL:https://education.oracle.com/oracle-account-reconciliation-2021-implementation-essentials/

Oracle 1Z0-1087-21 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Configuration30%- Configure transaction matching rules and matching methods
- Configure period mapping and data source synchronization
- Configure system settings, including periods, calendars, and approval settings
- Set up transaction matching data sources and format mappings
Topic 2: Integration and Data Management10%- Integrate with Oracle Enterprise Performance Management (EPM) modules
- Describe Data Management integration capabilities
- Manage data exports and imports
Topic 3: Getting Started with Account Reconciliation15%- Describe how to access Account Reconciliation
- Describe Account Reconciliation and its capabilities
- Identify the components of Account Reconciliation
- Explain the user roles available in Account Reconciliation
Topic 4: Compliance and Reporting20%- Monitor reconciliation compliance and status
- Configure approval workflows and notifications
- Use the Financial Reporting Journal for reporting
- Generate and review reconciliation reports
Topic 5: Account and Profile Management25%- Create and manage account reconciliations and profiles
- Configure format rules for transaction matching
- Configure account attributes and segment mapping
- Set up auto-matching and transaction pairing rules

Oracle Account Reconciliation 2021 Implementation Essentials Exam: Demo First, Decide Second

Basic knowledge of Oracle EPM Cloud is recommended; Oracle Fusion Financials experience is beneficial Since requirements change over time, confirm the latest on the official Oracle exam page before scheduling.

The Oracle Account Reconciliation 2021 Implementation Essentials exam contains 60 to complete within 120 minutes. Timed simulation in the PrepAwayTest Desktop Test Engine teaches that rhythm before exam day does.

The official Oracle Account Reconciliation 2021 Implementation Essentials outline defines 5 domains. The leading three are Compliance and Reporting (20%), Integration and Data Management (10%), and Getting Started with Account Reconciliation (15%). The full list is in the topics section above, and PrepAwayTest's 80 practice questions cover each one.

Online proctored exam (Pearson VUE) Register for the Oracle Account Reconciliation 2021 Implementation Essentials exam through these official channels:

    After booking, PrepAwayTest delivers your practice questions within 1 minute — preparation starts the same day.

    The Oracle Account Reconciliation 2021 Implementation Essentials exam requires 60% to pass, and registration costs USD 245. A failed attempt means paying the same fee again — a readiness check with the PrepAwayTest engines before booking is the cheaper option.

    The 1Z0-1087-21 exam is a Oracle certification exam validating the Oracle Account Reconciliation 2021 Implementation Essentials syllabus shown above. It belongs to these credential paths: Oracle Financial Consolidation and Close Cloud, Oracle Enterprise Performance Management Cloud. Candidates in 2026 start with PrepAwayTest's 80 practice questions, available as a printable PDF, a Windows Desktop Test Engine, and an Online Test Engine — three versions of the same materials.

    Oracle recommends these training resources for the Oracle Account Reconciliation 2021 Implementation Essentials exam:

      Follow the training with steady self-testing — the 80 practice questions from PrepAwayTest help you apply theory and fill any gaps the training leaves.

      PrepAwayTest issues a full refund if you take the Oracle Account Reconciliation 2021 Implementation Essentials exam within 60 days of purchase and do not pass. The policy does not apply if the exam is taken within 3 days of purchase, if the exam was never actually taken, or to free materials or expired orders, and the candidate name must match the payer name. Submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Alternatively, exchange for two free exam products of equal value and keep your original update service. Orders arrive by email within 1 minute — contact support if nothing arrives within 2 hours.

      Three versions of the same study materials: a printable, expert-prepared PDF with free demo download and instant access; a Desktop Test Engine for Windows with customizable simulation and timed modes that works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS with test history and performance review. All 80 practice questions are identical across versions. Every purchase includes 365 days of free updates, a 50% renewal discount afterward, and unlimited computer installations.

      Oracle Account Reconciliation 2021 Implementation Essentials Sample Questions:

      To which do you assign default currencies?

      • A. account ids
      • B. organizational units
      • C. currency buckets
      • D. formats
      Reveal Solution  Discussion  0

      Correct Answer: C  🗳️

      Which rule runs during the post-processing of data loads?

      • A. Auto Submit Reconciliation
      • B. Send Email On Update
      • C. Auto Match Transactions
      • D. Copy Transactions
      • E. Create Reconciliations
      Reveal Solution  Discussion  0

      Correct Answer: C  🗳️

      Which is the minimum user security role required to edit profiles?

      • A. Service Administrator
      • B. User
      • C. Viewer
      • D. Power User
      Reveal Solution  Discussion  0

      Correct Answer: B  🗳️

      Which statement is FALSE about reconciliations that use the Transaction Matching Only reconciliation method?

      • A. You must create profiles for them.
      • B. They do not need to be created for periods.
      • C. They display in both the Reconciliations list and the Matching list.
      • D. They do not participate in period-end compliance workflow.
      Reveal Solution  Discussion  0

      Correct Answer: A  🗳️

      In the Balance Explanations tab of the Prepaid Expenses reconciliation, you want to include the transactions and attachments from the prior period in the current period.
      Which action should you perform?

      • A. In the Balance Explanations tab of the current period reconciliation, select 'Copy Transactions from Prior Reconciliation'.
      • B. Export the transactions from the prior period reconciliation and then import them to the current period reconciliation.
      • C. In the profile for Prepaid Expenses reconciliations, select 'Include Prior Period Transactions'.
      • D. In the Reconciliations list, copy the reconciliation from the prior period and paste it into the current period.
      Reveal Solution  Discussion  0

      Correct Answer: C  🗳️

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