Question 1

Which two auto-reconciliation methods for reconciliations use the Account Analysis format?

Options :

A : Unexplained difference is zero

B : Balance is zero

C : Zero activity

D : Balance is normal

E : No transactions

Answer: A,B

Question 2

Which rule runs during the post-processing of data loads?

Options :

A : Send Email On Update

B : Create Reconciliations

C : Copy Transactions

D : Auto Match Transactions

E : Auto Submit Reconciliation

Answer: D

Question 3

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

Options :

A : Balance Match (%tolerance)

B : No Data

C : Balance has not changed

D : Balance is zero and no activity

Answer: A,D

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

Which statement about loading pre-mapped balances is FALSE?

Options :

A : You can drill back to the ERP from the reconciliation screen.

B : You must select a currency bucket for the import.

C : You must select a period to which to load the balances.

D : You can import from either tab separated or comma separated files.

Answer: A

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