Question 1

Which two statements are true about reconciliation compliance filters?

Options :

A : They can control the records that you see in the list views.

B : They can be used by the rules engine.

C : They allow you to save columns to view records on the screen.

D : You can apply them against unmatched transactions.

Answer: B,C

Question 2

Which ability does NOT belong to users with the Power User role?

Options :

A : edit formats to which they are assigned access

B : prepare reconciliations

C : review reconciliations

D : edit profiles to which they are assigned access

Answer: A

Question 3

You want the holidays to be skipped when scheduling due dates for reconciliations for an organizational unit.What should you do?

Options :

A : Edit the due date in the reconciliations for the organizational unit.

B : Create a holiday rule and assign it to the organizational unit.

C : Create a calendar and assign it to the organizational unit.

D : Add a rule to the Rules tab of the profiles for the reconciliations.

Answer: B

Question 4

Which two options indicate the minimum and respectively the maximum number of currency buckets you can enable? (Choose two.)

Options :

A : two

B : four

C : one

D : three

Answer: C,D

Question 5

What happens to a reconciliation if a team member who prepared the reconciliation is deleted from the team at a later point of time?

Options :

A : Changes made by the deleted member are reassigned to the primary member of the team for review and approval,

B : The reconciliation is flagged as invalid and needs to be re-created by the administrator.

C : Changes made by the deleted member are reverted and the deleted member is removed from the reconciliation as preparer.

D : Changes made by the deleted member are kept intact and the deleted member still appears as the original preparer.

Answer: D

Free 1Z0-1087-25 Mock Exam – Practice Online Confidently