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| Section | Objectives |
|---|---|
| Topic 1: Transaction Matching | - Explain Transaction Matching concepts - Explain the matching process and exception handling - Manage Data Sources and Attributes - Configure matching rules and formats |
| Topic 2: Configuring Reconciliation Compliance | - Manage periods and organizational units - Explain rules and conditions - Set up formats and profiles |
| Topic 3: Account Reconciliation Overview | - Explain the features of Account Reconciliation - Describe the reconciliation process - Describe key concepts like Reconciliation Types, Compliance, and Balances |
| Topic 4: Administration and Security | - Manage integration with EPM Cloud - Explain security roles and access control - Describe system settings and configurations |
| Topic 5: Reconciling Accounts | - Explain data loads for Reconciliations - Describe Auto Reconciliation - Create and manage Reconciliations - Describe transactions and matching |
1. An error occurs during an import transactions job for a match type. What is the result of the job?
A) The entire import is rolled back, and the job status is set to Failed.
B) Successfully imported transactions are committed to the system, failed transactions are logged, and the
job status is set to Completed with Errors.
C) The transactions are not imported, the match type is locked, and the job status it set to Failed and Locked.
D) The job deletes all match type transactions, and the job status is set to Failed and Deleted,
2. Which two are matching rule types?
A) Adjustment
B) Suggested Match
C) Matches Exactly
D) Matches with Tolerance
E) One to One
3. Which statement is FALSE regarding user-defined attributes?
A) They can be added to formats, profiles, and transactions.
B) They can include calculated values.
C) You can assign access to attributes by user role.
D) You can no longer add/edit attributes after reconciliations are created.
4. To which do you assign default currencies?
A) organizational units
B) account ids
C) currency buckets
D) formats
5. In which row does an unmatched transaction with an accounting date of April 30th display in the period-end
reconciliation for May 31?
A) It is excluded from the report
B) Unmatched
C) Matched In Transit
D) Unmatched Supported
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A,B | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: D |
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