Question 1

Which two Bank File formats does Account Reconciliation support using pre-built adapters in Data Management? (Choose two.)

Options :

A : SWIFT MT940

B : BAI

C : EDI

D : XML

Answer: A,B

Question 2

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

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

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

Options :

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

Question 5

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

Free 1Z0-1087-26 Mock Exam – Practice Online Confidently