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Question 1

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

Options :

A : They display in both the Reconciliations list and the Matching list.

B : They do not participate in period-end compliance workflow.

C : They do not need to be created for periods.

D : You must create profiles for them.

Answer: D

Question 2

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 3

When a user requests that responsibility for a reconciliation be reassigned to John, who is another regular user,John should be able to approve the request.How can this be configured?

Options :

A : In his User Preferences, John should select the Approve Reassignments option.

B : Add John to the Reassignment Approvers security group.

C : On the Reassignment Requests tab in System Settings, in the Allow Reassignment Request Approval By option, select Users.

D : On the Manage Users tab of the Access Control page, assign John the Reassignment Approvers role.

Answer: C

Question 4

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 thandirectly 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 5

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

Options :

A : Service Administrator

B : User

C : Power User

D : Viewer

Answer: B