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NEW QUESTION 20
Which statement about rules is FALSE?

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

Answer: D

NEW QUESTION 21
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. On the Workflow tab of the Profile, select All Reviewers in the Require Action By field.
• B. Do not select a Primary User for the Account Payable Reviewers team.
• C. In the Instructions tab of the profile, add instructions for all team members to review the reconciliation.
• D. Add a rule of the type Require Team Review to the Rules tab.

Answer: A

NEW QUESTION 22
When would you use the Variance Analysis reconciliation method?

• A. To reconcile the same balance across general ledgers that follow different governing rules.
• B. To justify each detail line of the total balance for the period.
• C. To explain the difference in balances from the standards set by an organization in its budget.
• D. To explain the difference in balances within the same account over different periods.

Answer: A

NEW QUESTION 23
Which two statements are true about importing and exporting match types? (Choose two.)

• A. Match types are exported to comma-separated (CSV) files.
• B. Match types are exported to a .zip folder.
• C. Import can update match types with Pending status only.
• D. Import can update match types with Approved status only.

Answer: A,C

NEW QUESTION 24
Which statement is FALSE about calendars?

• A. One period may have many calendars to reflect different date configurations for the period.
• B. Calendars are associated with periods and organizational units.
• C. Calendars set the dates and frequencies for each period.
• D. An organizational unit can be assigned many calendars to enable reconciliations for different financial dates.

Answer: C

NEW QUESTION 25
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