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Oracle Account Reconciliation 2022 Implementation Professional Sample Questions (Q50-Q55):

NEW QUESTION # 50
Which statement is FALSE regarding user-defined attributes?

• A. You can no longer add/edit attributes after reconciliations are created.
• B. They can include calculated values.
• C. You can assign access to attributes by user role.
• D. They can be added to formats, profiles, and transactions.

Answer: A
NEW QUESTION # 51
Which two tasks can be performed using EPM Automate?

• A. Import match types.
• B. Export journals.
• C. Load pre-mapped balances.
• D. Set period status.

Answer: A,B
NEW QUESTION # 52
Which statement about rules is FALSE?

• A. A profile can have a maximum of three rules.
• B. A rule can set a reconciliation attribute to a specified value when the rule conditions are met.
• C. You can use a saved filter as the condition in a rule.
• D. Profiles inherit rules from their formats.

Answer: A
NEW QUESTION # 53
Which two statements are true about Group reconciliations? (Choose two.)

• A. The format for the reconciliation must be enabled for Group Reconciliation.
• B. Group reconciliations include other individual reconciliations as children.
• C. You can import balances into periods as pre-mapped data.
• D. You cannot use Data Management to import balances for group reconciliations.
• E. The Group Detail tab shows data for the group reconciliation sub segments.

Answer: A,C
NEW QUESTION # 54
Which two conditions can make a profile invalid? (Choose two.)

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

Answer: B,D
NEW QUESTION # 55
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