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NEW QUESTION 46
Which statement is FALSE about the review process in reconciliation compliance?

• A. You can assign backup reviewers.
• B. Reviewers are sent notifications.
• C. You can have up to seven levels of review.
• D. You can assign a team as reviewer.

Answer: D

NEW QUESTION 47
Which two statements are true about reconciliation compliance filters?

• A. They can be used by the rules engine.
• B. You can apply them against unmatched transactions.
• C. They allow you to save columns to view records on the screen.
• D. They can control the records that you see in the list views.

Answer: A,C

NEW QUESTION 48
Which statement is true for profiles that have a Quarterly frequency selected?

• A. You can create reconciliations for those profiles only in periods that have Quarterly frequency selected.
• B. The balances for quarterly reconciliations aggregate the balances from monthly reconciliations.
• C. You cannot create reconciliations for profiles with transaction matching reconciliation methods for quarterly periods.
• D. They must be assigned a quarterly calendar.

Answer: A

Explanation:
You begin the reconciliation process for each period by creating reconciliations. You can create reconciliations for all account profiles, or for a filtered list of profiles. The profile frequency, such as monthly or quarterly, must match the period frequency.

NEW QUESTION 49
Which two statements are correct about deleting reconciliations? (Choose two.)

• A. The balances loaded for a period are not deleted when the reconciliation is deleted.
• B. The reconciliation status must be Pending.
• C. Only a Service Administrator or a Power User can delete a reconciliation.
• D. Only the preparer of the reconciliation can delete the reconciliation.

Answer: A,D

NEW QUESTION 50
......

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