Online Access Free 1z0-1087-22 Practice Test

In which location do you configure rules for reconciliation compliance transactions?

• A.Match Type
• B.Format
• C.Profile
• D.Reconciliation

You are creating a matching rule, and you want transactions that are within the specified tolerance range to be matched automatically, with no need for further user review.
Which option should you choose for the Match Status?

• A.Auto Submit
• B.Auto Approve
• C.Confirmed
• D.Suggested

Which two options indicate the minimum and respectively the maximum number of currency buckets you can enable? (Choose two.)

• A.one
• B.four
• C.two
• D.three

When would you use the Variance Analysis reconciliation method?

• A.To explain the difference in balances within the same account over different periods.
• 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 reconcile the same balance across general ledgers that follow different governing rules.

Which statement is true regarding the Normal Balance attribute in a profile?

• A.When it is selected, reconciliations display a warning if their balance is zero.
• B.Preparers cannot save a reconciliation if the balance type is other than expected.
• C.It is assigned automatically based on the account type.
• D.Reconciliations display a warning if the balance type is other than expected.