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Account Reconciliation Oracle Account Reconciliation 2022 Implementation Professional

Oracle Account Reconciliation 2022 Implementation Professional

Last Update Jan 30, 2025
Total Questions : 77

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Questions 2

What happens when you select the Key option for a data source attribute?

Options:

A.  

Transactions with the same key attributes cannot be loaded.

B.  

The attribute is hidden from users.

C.  

Transactions are sorted by the attribute.

D.  

Values are required for the attribute.

Discussion 0
Questions 3

Which two attribute types are required for each data source? (Choose two.)

Options:

A.  

Key Field

B.  

Accounting Date

C.  

Calculation

D.  

Balancing Attribute

Discussion 0
Questions 4

Which statement is true for profiles that have a Quarterly frequency selected?

Options:

A.  

They must be assigned a quarterly calendar.

B.  

You cannot create reconciliations for profiles with transaction matching reconciliation methods for quarterly periods.

C.  

You can create reconciliations for those profiles only in periods that have Quarterly frequency selected.

D.  

The balances for quarterly reconciliations aggregate the balances from monthly reconciliations.

Discussion 0
Questions 5

Which two statements are correct about deleting reconciliations? (Choose two.)

Options:

A.  

The reconciliation status must be Pending.

B.  

Only the preparer of the reconciliation can delete the reconciliation.

C.  

The balances loaded for a period are not deleted when the reconciliation is deleted.

D.  

Only a Service Administrator or a Power User can delete a reconciliation.

Discussion 0
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