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Oracle Account Reconciliation 2023 Implementation Essentials Questions and Answers

Question 1

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?

Options:

A.

Suggested

B.

Auto Approve

C.

Auto Submit

D.

Confirmed

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Question 2

Which statement regarding user-defined attributes is FALSE?

Options:

A.

You can assign access by user role.

B.

They can include calculated values.

C.

They can be assigned default value.

D.

You can no longer add/edit attributes after reconciliations are created.

Question 3

To which do you assign default currencies?

Options:

A.

currency buckets

B.

account ids

C.

organizational units

D.

formats