Online Access Free Oracle.1Z0-1087-20.v2021-12-24.q21 Practice Test (Page 4)

In which row does an unmatched transaction with an accounting date of April 30th display in the period-end reconciliation for May 31?

A.Matched In Transit

B.Unmatched

C.It is excluded from the report

D.Unmatched Supported

Which is the minimum user security role required to edit profiles?

A.User

B.Viewer

C.Power User

D.Service Administrator

Which statement is true for profiles that have a Quarterly frequency selected?

A.They must be assigned a quarterly calendar.

B.You cannot create reconciliations for profiles with transaction matching reconciliation methods for quarterly periods.

C.You can create reconciliations for those profiles only in periods that have Quarterly frequency selected.

D.The balances for quarterly reconciliations aggregate the balances from monthly reconciliations.

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

A.Reconciliations display a warning if the balance type is other than expected.

B.Preparers cannot save a reconciliation if the balance type is other than expected.

C.When it is selected, reconciliations display a warning if their balance is zero.

D.It is assigned automatically based on the account type.

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

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

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

C.You must create profiles for them.

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

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