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1z0-1087-20 – Oracle EPM Account Reconciliation 2020 Implementation Essentials

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Showing 1–3 of 10 questions

Question 1

Which two are auto-reconciliation methods? (Choose two.)

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    Balance Match (%tolerance)
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    No Data
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    Balance has not changed
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    Balance is zero and no activity
Question 2

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

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    The reconciliation status must be Pending.
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    Only the preparer of the reconciliation can delete the reconciliation.
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    The balances loaded for a period are not deleted when the reconciliation is deleted.
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    Only a Service Administrator or a Power User can delete a reconciliation.
Question 3

Which three types of reconciliations are suitable for the Transaction Matching feature? (Choose three.)

Select all that apply, then click Submit answer.

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    reconciliations with a single data source, like a clearing account
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    reconciliations that are typically zero balance accounts with low activity
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    reconciliations that have amortizing transactions
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    reconciliations with 2 or more data sources, like a cash or accounts receivable account
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    accounts with high volumes of data