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Oracle 1z0-1087-23 Dumps Questions Answers

Exam Code: 1z0-1087-23
Exam Name: Oracle Account Reconciliation 2023 Implementation Essentials
Last Update: Jun 17, 2024
79 Questions Answers with Explanation Detail
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Oracle 1z0-1087-23 Last Week Results!

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Oracle Account Reconciliation 1Z0-1087-23 Exam Domains

Oracle Account Reconciliation 2023 Implementation Essentials Exam Domains

  • Reconciliation Compliance Configuration: This domain covers the setup and management of reconciliation compliance, including formats, profiles, and teams. It's crucial for ensuring that account reconciliations are consistent with organizational policies.
  • Data Loading and Integration: Focuses on importing and integrating data from various sources into the Oracle Account Reconciliation platform. Mastery of this area is essential for accurate and efficient reconciliation processes.
  • Transaction Matching Setup: Involves configuring rules for matching transactions, which is a key component in automating the reconciliation process and reducing manual efforts.
  • User Interface: Tests knowledge on navigating the user interface effectively, an important skill for users to manage reconciliations efficiently within the system.
  • Workflow Management: Pertains to managing workflows within the application, including period close processes. Understanding workflow management is vital for timely and controlled account reconciliation cycles.
  • Reporting and Analysis: This area assesses abilities in generating reports and analyzing reconciliation results. Competence in this domain helps organizations gain insights into their financial close process.

Oracle 1z0-1087-23 Exam Target Audience

Who Should Take the Oracle 1z0-1087-23 Exam?

The ideal candidate for the Oracle 1z0-1087-23 exam is a professional involved in finance and accounting processes, specifically focused on account reconciliation tasks. These individuals are typically seeking to validate their skills and knowledge in using Oracle Account Reconciliation software.

  • Financial Analysts who aim to streamline reconciliation activities.
  • Accountants looking to enhance efficiency in financial reporting.
  • Finance Managers aspiring to implement best practices in their departments.
  • IT Professionals supporting finance teams with Oracle solutions.

This certification is valuable for those working in industries where accurate and timely financial reporting is critical, such as banking, manufacturing, or retail. The desired knowledge includes understanding of accounting principles, experience with reconciliation processes, and familiarity with Oracle Account Reconciliation software.

Taking this exam demonstrates a commitment to professional development and shows employers that the individual is equipped with current best practices and ready to contribute effectively to their organization's financial integrity.

Exam Format Multiple Choice Questions (MCQs)
Number of Questions 55 to 65
Duration 90 minutes

Oracle 1z0-1087-23 Exam Prerequisites

Prerequisites for Oracle 1z0-1087-23 Exam

The following are prerequisites for the Oracle Account Reconciliation 2023 Implementation Essentials exam:

  1. Understanding of finance and accounting principles.
  2. Knowledge of Oracle Account Reconciliation processes and best practices.
  3. Prior hands-on experience with Oracle Cloud services is recommended but not mandatory.
  4. No formal educational qualifications or prior certifications are explicitly required.
  5. It is beneficial to have familiarity with technology concepts and cloud computing.

If you do not pass the Oracle 1z0-1087-23 exam on your first attempt, Oracle's retake policy is as follows:

  1. Wait a period of 14 days before retaking the exam.
  2. After the waiting period, you can purchase a new exam voucher to schedule your next attempt.
  3. Note that there are no limits on the number of retakes, but each attempt requires a full examination fee.

Keep in mind that this policy aims to give candidates enough time to prepare adequately for their next attempt. Always check the latest guidelines from Oracle as policies may change.

The 1z0-1087-23 Oracle Account Reconciliation 2023 Implementation Essentials certification is valid for a period of 18 months from the date of successful completion. To maintain the certification, candidates must:

  1. Stay informed about Oracle's Continuing Education requirements.
  2. Complete any required training or learning paths that may be introduced by Oracle during this period.

It is essential to regularly check with Oracle University or the official Oracle Certification Program (OCP) website for updates on renewal policies and procedures to ensure that your certification remains current.

Oracle 1z0-1087-23 Study Materials

Best Study Materials for Oracle 1z0-1087-23 Exam

The following resources from Examstrack are highly recommended for the Oracle Account Reconciliation 2023 Implementation Essentials exam:

  1. Examstrack Study Guides: Comprehensive guides that cover all the necessary topics for the 1z0-1087-23 exam. They are designed to give a thorough understanding of each subject.
  2. Examstrack PDFs: Portable and easy-to-use materials that allow you to study on-the-go. These PDFs contain all the relevant information and can be accessed from any device.
  3. Examstrack Testing Engine: An innovative tool that simulates the actual exam environment, helping candidates to familiarize themselves with the format and time constraints of the real test.
  4. Examstrack Practice Question Banks: A vast collection of questions and answers that provide a real-time experience of the exam pattern, helping to boost confidence and proficiency.

Purchasing these study materials from Examstrack is an excellent way to gain full knowledge and ensure a higher chance of success in your Oracle 1z0-1087-23 certification journey.

Study Time Recommendation for 1z0-1087-23 Exam

The optimal study time for the 1z0-1087-23 Oracle Account Reconciliation 2023 Implementation Essentials exam varies based on individual circumstances. However, a general guideline is as follows:

  • Assess your existing knowledge and experience with Oracle Account Reconciliation solutions.
  • Determine your study pace - whether you prefer intensive short-term studying or spreading out the material over a longer period.
  • Consider aiming for a comprehensive understanding rather than just passing the exam.
  • For beginners to intermediate learners, a study period ranging from 60 to 100 hours could be sufficient.
  • Professionals with hands-on experience might require less time, around 30 to 50 hours of focused study.

Remember to tailor your study schedule to fit your personal learning style and pace, ensuring you feel confident and well-prepared on exam day.

Benefits of Using ExamTrack for Oracle 1z0-1087-23 Exam

Key Benefits of ExamTrack for the 1z0-1087-23 Exam:

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  • Efficient Preparation: Offers well-categorized multiple-choice questions and answers that help in reinforcing knowledge and improving retention.
  • Time Management: Facilitates effective time management skills with practice tests designed to simulate actual exam conditions.
  • Demonstrable Progress: Allows candidates to track their learning progress through various self-assessment tools, aiding in identifying areas of improvement.
  • Risk-Free Evaluation: Free demos enable candidates to assess the quality of the material before committing to a purchase, ensuring satisfaction.
  • Promised Success: Confidence in passing the certification exams is bolstered by a success promise, motivating consistent study habits.

To enroll in the Oracle 1z0-1087-23 Oracle Account Reconciliation 2023 Implementation Essentials exam course at Examstrack.com, follow these steps:

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  3. Review the available materials such as Dumps Questions Answers, PDF, and Testing Engine.
  4. Click on the "Add to cart" button for your desired package: Testing Engine (only), PDF (only), or PDF + Testing Engine.
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1z0-1087-23 Overview

Overview Details
Exam Name 1z0-1087-23: Account Reconciliation 2023 Implementation Professional
Certification Path Oracle Financials Cloud
Prerequisites Understanding of accounting principles and Oracle Cloud ERP concepts
Exam Duration 90 minutes
Number of Questions 60 (all scored)
Question Format Multiple choice
Passing Score 68%
Retake Policy 14-day wait for 1st failure, increasing to 365 days for 4th+ failures
Content Areas See below

1z0-1087-23 Q&A's Detail

Exam Code:
1z0-1087-23
Total Questions:
79 Q&A's
Single Choice Questions:
57 Q&A's
Multiple Choice Questions:
22 Q&A's

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