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Total 80 Questions | Updated On: Nov 18, 2024

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Question 1

Which two are auto-reconciliation methods? (Choose two.)

A : Balance Match (%tolerance)

B : No Data

C : Balance has not changed

D : Balance is zero and no activity

Answer: A,D

Question 2

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?

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 3

Which two are properties of the organizational unit? (Choose two.)

A : work days

B : calendar

C : language

D : tax jurisdiction

Answer: A,B

Question 4

Which statement regarding user-defined attributes is FALSE?

A : You can assign access by user role.

B : They can include calculated values.

C : They can be assigned default value.

D : You can no longer add/edit attributes after reconciliations are created.

Answer: D

Question 5

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

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

Page: 1 / 16

Total 80 Questions | Updated On: Nov 18, 2024

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