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NEW QUESTION 43
Which statement is FALSE about reconciliations when the period is Closed?

A. Reconciliations with Pending status can start.B. Reviewers can approve reconciliations under review.C. You can load data to reconciliations for the period.D. Preparers can submit reconciliations with Open status.

Answer: C

 

NEW QUESTION 44
Which three types of reconciliations are suitable for the Transaction Matching feature? (Choose three.)

A. reconciliations with a single data source, like a clearing accountB. reconciliations that have amortizing transactionsC. reconciliations that are typically zero balance accounts with low activityD. accounts with high volumes of dataE. reconciliations with 2 or more data sources, like a cash or accounts receivable account

Answer: A,C,E

 

NEW QUESTION 45
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?

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

 

NEW QUESTION 46
Which two are tasks that can be performed using EPM Automate? (Choose two.)

A. export journalsB. export balancesC. import premapped dataD. set period status

Answer: B,C

 

NEW QUESTION 47
From which two dates defined in the period can you schedule reconciliations? (Choose two.)

A. end dateB. prior period end dateC. close dateD. start date

Answer: A,C

 

NEW QUESTION 48
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