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| Section | Objectives |
|---|---|
| Topic 1: Configuring Reconciliation Compliance | - Manage periods and organizational units - Set up formats and profiles - Explain rules and conditions |
| Topic 2: Account Reconciliation Overview | - Describe the reconciliation process - Describe key concepts like Reconciliation Types, Compliance, and Balances - Explain the features of Account Reconciliation |
| Topic 3: Reconciling Accounts | - Describe transactions and matching - Explain data loads for Reconciliations - Create and manage Reconciliations - Describe Auto Reconciliation |
| Topic 4: Administration and Security | - Explain security roles and access control - Manage integration with EPM Cloud - Describe system settings and configurations |
| Topic 5: Transaction Matching | - Explain the matching process and exception handling - Manage Data Sources and Attributes - Configure matching rules and formats - Explain Transaction Matching concepts |
1. Which statement is FALSE about calendars?
A) Calendars set the dates and frequencies for each period.
B) One period may have many calendars to reflect different date configurations for the period.
C) An organizational unit can be assigned many calendars to enable reconciliations for different financial
dates.
D) Calendars are associated with periods and organizational units.
2. Which statement regarding user-defined attributes is FALSE?
A) You can assign access by user role.
B) You can no longer add/edit attributes after reconciliations are created.
C) They can include calculated values.
D) They can be assigned default value.
3. You want to load balances for both the Entered currency bucket and the Functional currency bucket in a single
data load.
Which tool should you use?
A) Data Management data load rule
B) Supplemental Data Management form
C) 'Import pre-mapped balances' option in the Periods page
D) Smart View
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 with the same key attributes cannot be loaded.
D) Transactions are sorted by the attribute.
5. Which is true when you reopen a reconciliation?
A) It reopens to the preparer.
B) It reopens to the last reviewer.
C) It reopens to the service administrator.
D) You select the role to which it reopens to.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: B |
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