Oracle Account Reconciliation (ARCS) Certification Exam | Practice Questions & Answers
What are the possible user roles for ARCS? a) Service Admin, Power User, User, Viewer
a) Service Admin, Power User, User, Viewer
b) LCM Admin, Environment User, View User, Manager
c) Administrator, View User, Interactive User, Planner
d) Viewer, Power Administrator, Service User, Specialist
What are the typical accounts in the General Ledger? c) Assets, Equity, Revenue, Expense, Liabilities
a) Investments, Raw Materials, Purchasing, Equity
b) Liabilities, Purchasing, Inventory, Expense
c) Assets, Equity, Revenue, Expense, Liabilities
d) Cash, Finished Good Sales, Assets, Expense
What is Reconciliation? c) A process of validating financial account balances by comparing balances
a) A penalty for failing to reconcile their accounts
b) A way to compare two bank balances against each
other
c) A process of validating financial account balances by
comparing balances
d) A way for companies to see how much they spent in a
year
Which card is only available to Administrators? d) Tools
a) Alerts
b) Application
c) Configuration
d) Tools
What is Variance Analysis? b) It automates the account monitoring process by utilizing a rules engine to
a) It is the difference between an actual amount and a automatically process accounts or require explanations for differences
budgeted plan or past amount
b) It automates the account monitoring process by utilizing
a rules engine to automatically process accounts or require
explanations for differences
c) Both a & b
d) Neither a nor b
Which of the following is NOT part of the configuration b) Language
settings?
a) Periods
b) Language
c) System Settings
d) Currency
How many levels of reviewers can there be in a c) 10
Reconciliation?
a) 5
b) 15
c) 10
d) 7
What are the typical frequencies that are set up in the b) Monthly and Quarterly
system attributes?
a) Daily, Monthly, Annually
b) Monthly and Quarterly
c) Monthly and Daily
d) Quarterly and Annually
What of the following is not one of the Five Golden c) Unmatched - All
Balancing Rules?
a) Matched - All after
b) Matched - All On or Before
c) Unmatched - All
d) Unmatched - After
e) Matched - Both Before and After
f) Unmatched - On or Before
Stuvia 2026-2027
, Oracle Account Reconciliation (ARCS) Certification Exam | Practice Questions & Answers
T or F: The Auto Approve Reconciliation Rule can be True
defined both at the profile and the format level
T or F: The Transaction Matching process repeats each True
time new data becomes available and ends when all
possible matches have been created
Which item is NOT one of the key concepts with Match b) It can be created by a Service Admin or a Power User
Types?
a) It determines how the Transaction Matching will happen
b) It can be created by a Service Admin or a Power User
c) It defines the structure of data coming from data sources
for matching
d) It is assigned to Reconciliations
What are the common format and profile rules? b) Auto Approval, Auto Submit, Prevent Approval, Prevent Submit, Require
a) Auto Submit, Auto Approval, Auto Rejection, Auto Attachment, Prevent Rejection, Send Email
Cancel, Auto Update, Reject Email
b) Auto Approval, Auto Submit, Prevent Approval, Prevent
Submit, Require Attachment, Prevent Rejection, Send
Email
c) Auto Delete, Auto Save, Auto Approve
d) Prevent Transaction Save, Require Attachment, Delete
Reviewer
How many transactions can be imported into one file? a) 1 Million
a) 1 Million
b) 10 Million
c) 100 Thousand
d) 1.5 Million
T or F: Balances are imported using replace mode; True
meaning if a balance is imported for the same
Reconciliation and the same calendar date, the new
balance will NOT overwrite the old balance
Which cards (icons) on the Home Page can be used to a) Tools
delete a sample or test application that consist of artifacts b) Migration
and data? (Choose Two)
a) Tools
b) Migration
c) Application
d) Worklist
Which of the following statements are true? (Choose Two) c) When a Match Type is created, it's status is Pending
a) Companies can have match types for Account Payable, d) Once a Match Type is in Approved Status, it cannot be edited
Account Receivable, and Bank Accounts only
b) One Match Type can be used by only one Reconciliation
c) When a Match Type is created, it's status is Pending
d) Once a Match Type is in Approved Status, it cannot be
edited
Which link in Navigator allows you to create Calculated b) Configuration
Attributes?
a) Services
b) Configuration
c) Profile
d) Access Control
Which methods can you use to prepare Reconciliations? b) Balance Comparison
(Choose Three) c) Variance Analysis
a) Frequency Comparison e) Account Analysis
b) Balance Comparison
c) Variance Analysis
d) Period Analysis
e) Account Analysis
Stuvia 2026-2027
What are the possible user roles for ARCS? a) Service Admin, Power User, User, Viewer
a) Service Admin, Power User, User, Viewer
b) LCM Admin, Environment User, View User, Manager
c) Administrator, View User, Interactive User, Planner
d) Viewer, Power Administrator, Service User, Specialist
What are the typical accounts in the General Ledger? c) Assets, Equity, Revenue, Expense, Liabilities
a) Investments, Raw Materials, Purchasing, Equity
b) Liabilities, Purchasing, Inventory, Expense
c) Assets, Equity, Revenue, Expense, Liabilities
d) Cash, Finished Good Sales, Assets, Expense
What is Reconciliation? c) A process of validating financial account balances by comparing balances
a) A penalty for failing to reconcile their accounts
b) A way to compare two bank balances against each
other
c) A process of validating financial account balances by
comparing balances
d) A way for companies to see how much they spent in a
year
Which card is only available to Administrators? d) Tools
a) Alerts
b) Application
c) Configuration
d) Tools
What is Variance Analysis? b) It automates the account monitoring process by utilizing a rules engine to
a) It is the difference between an actual amount and a automatically process accounts or require explanations for differences
budgeted plan or past amount
b) It automates the account monitoring process by utilizing
a rules engine to automatically process accounts or require
explanations for differences
c) Both a & b
d) Neither a nor b
Which of the following is NOT part of the configuration b) Language
settings?
a) Periods
b) Language
c) System Settings
d) Currency
How many levels of reviewers can there be in a c) 10
Reconciliation?
a) 5
b) 15
c) 10
d) 7
What are the typical frequencies that are set up in the b) Monthly and Quarterly
system attributes?
a) Daily, Monthly, Annually
b) Monthly and Quarterly
c) Monthly and Daily
d) Quarterly and Annually
What of the following is not one of the Five Golden c) Unmatched - All
Balancing Rules?
a) Matched - All after
b) Matched - All On or Before
c) Unmatched - All
d) Unmatched - After
e) Matched - Both Before and After
f) Unmatched - On or Before
Stuvia 2026-2027
, Oracle Account Reconciliation (ARCS) Certification Exam | Practice Questions & Answers
T or F: The Auto Approve Reconciliation Rule can be True
defined both at the profile and the format level
T or F: The Transaction Matching process repeats each True
time new data becomes available and ends when all
possible matches have been created
Which item is NOT one of the key concepts with Match b) It can be created by a Service Admin or a Power User
Types?
a) It determines how the Transaction Matching will happen
b) It can be created by a Service Admin or a Power User
c) It defines the structure of data coming from data sources
for matching
d) It is assigned to Reconciliations
What are the common format and profile rules? b) Auto Approval, Auto Submit, Prevent Approval, Prevent Submit, Require
a) Auto Submit, Auto Approval, Auto Rejection, Auto Attachment, Prevent Rejection, Send Email
Cancel, Auto Update, Reject Email
b) Auto Approval, Auto Submit, Prevent Approval, Prevent
Submit, Require Attachment, Prevent Rejection, Send
c) Auto Delete, Auto Save, Auto Approve
d) Prevent Transaction Save, Require Attachment, Delete
Reviewer
How many transactions can be imported into one file? a) 1 Million
a) 1 Million
b) 10 Million
c) 100 Thousand
d) 1.5 Million
T or F: Balances are imported using replace mode; True
meaning if a balance is imported for the same
Reconciliation and the same calendar date, the new
balance will NOT overwrite the old balance
Which cards (icons) on the Home Page can be used to a) Tools
delete a sample or test application that consist of artifacts b) Migration
and data? (Choose Two)
a) Tools
b) Migration
c) Application
d) Worklist
Which of the following statements are true? (Choose Two) c) When a Match Type is created, it's status is Pending
a) Companies can have match types for Account Payable, d) Once a Match Type is in Approved Status, it cannot be edited
Account Receivable, and Bank Accounts only
b) One Match Type can be used by only one Reconciliation
c) When a Match Type is created, it's status is Pending
d) Once a Match Type is in Approved Status, it cannot be
edited
Which link in Navigator allows you to create Calculated b) Configuration
Attributes?
a) Services
b) Configuration
c) Profile
d) Access Control
Which methods can you use to prepare Reconciliations? b) Balance Comparison
(Choose Three) c) Variance Analysis
a) Frequency Comparison e) Account Analysis
b) Balance Comparison
c) Variance Analysis
d) Period Analysis
e) Account Analysis
Stuvia 2026-2027
