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| Section | Objectives |
|---|---|
| Topic 1: Reconciling Accounts | - Create and manage Reconciliations - Describe transactions and matching - Explain data loads for Reconciliations - Describe Auto Reconciliation |
| Topic 2: Transaction Matching | - Configure matching rules and formats - Explain the matching process and exception handling - Explain Transaction Matching concepts - Manage Data Sources and Attributes |
| Topic 3: Administration and Security | - Explain security roles and access control - Describe system settings and configurations - Manage integration with EPM Cloud |
| Topic 4: Account Reconciliation Overview | - Describe the reconciliation process - Explain the features of Account Reconciliation - Describe key concepts like Reconciliation Types, Compliance, and Balances |
| Topic 5: Configuring Reconciliation Compliance | - Explain rules and conditions - Manage periods and organizational units - Set up formats and profiles |
1. Which three statements are true about importing transaction matching transactions from the Jobs page?
(Choose three.)
A) You must select a match type for the import.
B) You select a separate load file for each data source.
C) You can select comma or tab for delimiter, or enter a user-defined delimiter.
D) You can import transactions to a match type only if its status is Pending.
E) Auto-match can run automatically after the import is finished.
2. An error occurs during an import transactions job for a match type. What is the result of the job?
A) Successfully imported transactions are committed to the system, failed transactions are logged, and the
job status is set to Completed with Errors.
B) The entire import is rolled back, and the job status is set to Failed.
C) The job deletes all match type transactions, and the job status is set to Failed and Deleted,
D) The transactions are not imported, the match type is locked, and the job status it set to Failed and Locked.
3. Which two are auto-reconciliation methods? (Choose two.)
A) Balance has not changed
B) Balance Match (%tolerance)
C) Balance is zero and no activity
D) No Data
4. To which do you assign Holiday Rules?
A) calendars
B) organizational units
C) profiles
D) periods
5. You are using EPM Automate commands to automate data load to Account Reconciliation.
In which scenario should you use EPM Automate to load the data through Data Management rather than
directly into Account Reconciliation?
A) You are loading more than 1000 transactions.
B) You are loading data to the Reporting currency bucket.
C) Your data includes fields with blank values.
D) You want to import one concatenated field from the source file, rather than two separate fields.
Solutions:
| Question # 1 Answer: A,D,E | Question # 2 Answer: A | Question # 3 Answer: B,C | Question # 4 Answer: A | Question # 5 Answer: B |
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