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| Section | Objectives |
|---|---|
| Topic 1: Reconciling Accounts | - Create and manage Reconciliations - Describe Auto Reconciliation - Describe transactions and matching - Explain data loads for Reconciliations |
| Topic 2: Administration and Security | - Explain security roles and access control - Describe system settings and configurations - Manage integration with EPM Cloud |
| Topic 3: Account Reconciliation Overview | - Describe the reconciliation process - Explain the features of Account Reconciliation - Describe key concepts like Reconciliation Types, Compliance, and Balances |
| Topic 4: Transaction Matching | - Configure matching rules and formats - Explain Transaction Matching concepts - Explain the matching process and exception handling - Manage Data Sources and Attributes |
| Topic 5: Configuring Reconciliation Compliance | - Manage periods and organizational units - Explain rules and conditions - Set up formats and profiles |
1. Which two rule types are available in profiles? (Choose two.)
A) Require Reconciliation Attachment
B) Flag As Needs Attention
C) Auto Approve Reconciliation
D) Copy Transactions from Prior Reconciliation
E) Delete Reconciliation
2. Which is the minimum user security role required to edit profiles?
A) Viewer
B) Power User
C) Service Administrator
D) User
3. Which statement is FALSE of teams?
A) Teams are assigned to profiles on the Workflow tab.
B) A user can belong to more than one team.
C) A team can have another team as a member.
D) Teams can be assigned a primary user.
4. Which statement about journals in transaction matching is FALSE?
A) For adjustments, the variance amount is exported to the Amount column.
B) For transactions, you can apply a data source filter to the export.
C) You create separate journal column mappings for adjustments and transactions.
D) You create separate journal columns for each match type.
5. The objects within the match type refer to data sources, the data source attributes, the match processes, the
rules, and the rule conditions. Which statement is FALSE about importing a match type with the same name as
an existing match type?
A) Objects with the same name in the system as in the import file are not updated.
B) New objects are created in the system from the objects in the import file if they do not exist.
C) Objects that exist in the system but not in the import file are deleted.
D) Objects from the import file overwrite objects with the same name in the system.
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: C |
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