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NEW QUESTION 31
Which is NOT a step in the process for reconciliation compliance?

  • A. confirm suggested matches
  • B. execute automation like Automatic Recon and Rules
  • C. load balances
  • D. prepare reconciliations

Answer: A

 

NEW QUESTION 32
You want the holidays to be skipped when scheduling due dates for reconciliations for an organizational unit. What should you do?

  • A. Create a calendar and assign it to the organizational unit.
  • B. Add a rule to the Rules tab of the profiles for the reconciliations.
  • C. Edit the due date in the reconciliations for the organizational unit.
  • D. Create a holiday rule and assign it to the organizational unit.

Answer: D

 

NEW QUESTION 33
Which two conditions can make a profile invalid? (Choose two.)

  • A. The Normal Balance setting does not match the account type.
  • B. Aging limits have not been specified.
  • C. No currency buckets are enabled.
  • D. No preparer is assigned on the Workflow tab.

Answer: A,D

 

NEW QUESTION 34
Which statement is FALSE about calendars?

  • A. Calendars are associated with periods and organizational units.
  • B. An organizational unit can be assigned many calendars to enable reconciliations for different financial dates.
  • C. One period may have many calendars to reflect different date configurations for the period.
  • D. Calendars set the dates and frequencies for each period.

Answer: D

 

NEW QUESTION 35
Which two options indicate the minimum and respectively the maximum number of currency buckets you can enable? (Choose two.)

  • A. four
  • B. three
  • C. one
  • D. two

Answer: B,C

 

NEW QUESTION 36
......

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