Question 1

A profile’s properties have been modified and the changes saved. Which statement is correct?

Options :

A : Existing reconciliations that use the profile are not updated.

B : Existing reconciliations with Pending or Open With Preparer status that use the profile are updated with the changes.

C : Existing reconciliations that use the profile are updated after approval by a system administrator.

D : Existing reconciliations with Pending status that use the profile are updated with the changes.

Answer: B

Question 2

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

Options :

A : end date

B : prior period end date

C : close date

D : start date

Answer: A,C

Question 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

Answer: B,D

Question 4

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

Question 5

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 thandirectly into Account Reconciliation?

Options :

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

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