Free Access Oracle.1z0-1087-23.v2024-06-10.q26 Practice Test (Page 5)

Which two statements are true about Group reconciliations? (Choose two.)

A.The format for the reconciliation must be enabled for Group Reconciliation.

B.The Group Detail tab shows data for the group reconciliation sub segments.

C.Group reconciliations include other individual reconciliations as children.

D.You cannot use Data Management to import balances for group reconciliations.

E.You can import balances into periods as pre-mapped data.

To which do you assign default currencies?

A.formats

B.account ids

C.currency buckets

D.organizational units

Which statement is FALSE about reconciliations that use the Transaction Matching Only reconciliation
method?

A.They do not participate in period-end compliance workflow.

B.They do not need to be created for periods.

C.You must create profiles for them.

D.They display in both the Reconciliations list and the Matching list.

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

A.three

B.four

C.one

D.two

Which two statements are correct about deleting reconciliations? (Choose two.)

A.The balances loaded for a period are not deleted when the reconciliation is deleted.

B.Only a Service Administrator or a Power User can delete a reconciliation.

C.The reconciliation status must be Pending.

D.Only the preparer of the reconciliation can delete the reconciliation.

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