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NEW QUESTION 53
Which statement about journals in transaction matching is FALSE?

• A. You create separate journal column mappings for adjustments and transactions.
• B. For adjustments, the variance amount is exported to the Amount column.
• C. For transactions, you can apply a data source filter to the export.
• D. You create separate journal columns for each match type.

Answer: B

NEW QUESTION 54
In a reconciliation profile, the Account Payable Reviewers team is assigned as the reviewer, and you want to require that ALL team members approve the reconciliation.
Which action should you perform?

• A. In the Instructions tab of the profile, add instructions for all team members to review the reconciliation.
• B. On the Workflow tab of the Profile, select All Reviewers in the Require Action By field.
• C. Do not select a Primary User for the Account Payable Reviewers team.
• D. Add a rule of the type Require Team Review to the Rules tab.

Answer: B

NEW QUESTION 55
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 56
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