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| Section | Objectives |
|---|---|
| Account Reconciliation Overview | - Describe key concepts like Reconciliation Types, Compliance, and Balances - Explain the features of Account Reconciliation - Describe the reconciliation process |
| Administration and Security | - Describe system settings and configurations - Explain security roles and access control - Manage integration with EPM Cloud |
| Transaction Matching | - Explain Transaction Matching concepts - Manage Data Sources and Attributes - Explain the matching process and exception handling - Configure matching rules and formats |
| Configuring Reconciliation Compliance | - Manage periods and organizational units - Explain rules and conditions - Set up formats and profiles |
| Reconciling Accounts | - Describe Auto Reconciliation - Create and manage Reconciliations - Explain data loads for Reconciliations - Describe transactions and matching |
Question 1
What happens when you select the Key option for a data source attribute?
A. Values are required for the attribute.
B. The attribute is hidden from users.
C. Transactions are sorted by the attribute.
D. Transactions with the same key attributes cannot be loaded.
Question 2
In which location do you configure rules for reconciliation compliance transactions?
A. Format
B. Reconciliation
C. Match Type
D. Profile
Question 3
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 than
directly into Account Reconciliation?
A. You are loading more than 1000 transactions.
B. Your data includes fields with blank values.
C. You are loading data to the Reporting currency bucket.
D. You want to import one concatenated field from the source file, rather than two separate fields.
Question 4
Which is required for a valid profile?
A. at least one currency bucket
B. at least one question
C. at least one rule
D. at least one level of review
Question 5
Which two conditions can make a profile invalid? (Choose two.)
A. No preparer is assigned on the Workflow tab.
B. Aging limits have not been specified.
C. The Normal Balance setting does not match the account type.
D. No currency buckets are enabled.
Solutions:
| Question 1 Answer: A | Question 2 Answer: A | Question 3 Answer: C | Question 4 Answer: A | Question 5 Answer: A,C |
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