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1. Which statement is FALSE about reconciliations when the period is Closed?
A) You can load data to reconciliations for the period.
B) Reviewers can approve reconciliations under review.
C) Reconciliations with Pending status can start.
D) Preparers can submit reconciliations with Open status.
2. From which two dates defined in the period can you schedule reconciliations? (Choose two.)
A) close date
B) prior period end date
C) start date
D) end date
3. You are creating a matching rule, and you want transactions that are within the specified tolerance range to be
matched automatically, with no need for further user review.
Which option should you choose for the Match Status?
A) Auto Submit
B) Confirmed
C) Suggested
D) Auto Approve
4. 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.
5. Which statement is always true of data loads from Data Management?
A) You cannot load data into reconciliations with a status of Closed.
B) You must select either Actual or Budget as the scenario for the data.
C) If there is no change in the balance, the reconciliation is not updated.
D) Only users with the administrator role can run data loads.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A,D | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: B |
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