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| Section | Objectives |
|---|---|
| Transaction Matching | - Configure matching rules and formats - Manage Data Sources and Attributes - Explain the matching process and exception handling - Explain Transaction Matching concepts |
| Account Reconciliation Overview | - Explain the features of Account Reconciliation - Describe the reconciliation process - Describe key concepts like Reconciliation Types, Compliance, and Balances |
| Reconciling Accounts | - Create and manage Reconciliations - Explain data loads for Reconciliations - Describe Auto Reconciliation - Describe transactions and matching |
| Administration and Security | - Manage integration with EPM Cloud - Explain security roles and access control - Describe system settings and configurations |
| Configuring Reconciliation Compliance | - Explain rules and conditions - Set up formats and profiles - Manage periods and organizational units |
1. 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 want to import one concatenated field from the source file, rather than two separate fields.
B) You are loading data to the Reporting currency bucket.
C) You are loading more than 1000 transactions.
D) Your data includes fields with blank values.
2. Which two are auto-reconciliation methods? (Choose two.)
A) Balance Match (%tolerance)
B) Balance has not changed
C) Balance is zero and no activity
D) No Data
3. 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 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.
4. Which statement is FALSE of teams?
A) Teams can be assigned a primary user.
B) Teams are assigned to profiles on the Workflow tab.
C) A team can have another team as a member.
D) A user can belong to more than one team.
5. To which do you assign default currencies?
A) currency buckets
B) formats
C) organizational units
D) account ids
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A,C | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: A |
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