Question 1

You want the holidays to be skipped when scheduling due dates for reconciliations for an organizational unit.

What should you do?

Options :

A :

Edit the due date in the reconciliations for the organizational unit.

B : Create a holiday rule and assign it to the organizational unit.

C : Create a calendar and assign it to the organizational unit.

D : Add a rule to the Rules tab of the profiles for the reconciliations.

Answer: B

Question 2

Which two statements are true about reconciliation compliance filters?

Options :

A : They can control the records that you see in the list views.

B : They can be used by the rules engine.

C : They allow you to save columns to view records on the screen.

D : You can apply them against unmatched transactions.

Answer: B,C

Question 3

You are using EPM Automate commands to automate data load to Account Reconciliation.

In which scenario should you use EPM Automate to load the data through Data Management rather than

directly into Account Reconciliation?

Options :

A : Your data includes fields with blank values.

B : You are loading data to the Reporting currency bucket.

C : You are loading more than 1000 transactions.

D : You want to import one concatenated field from the source file, rather than two separate fields.

Answer: B

Question 4

In which row does an unmatched transaction with an accounting date of April 30th display in the period-end reconciliation for May 31?

Options :

A : It is excluded from the report

B : Unmatched Supported

C : Matched In Transit

D : Unmatched

Answer: B

Question 5

You want to require that preparers answer a question certifying that they followed the company accounting

policies in preparing the reconciliation.

Where do you add the questions?

Options :

A : to the match type

B : to the profile

C : to the reconciliation

D : to the format

Answer: D

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