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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Overview and Navigation | 10% | - Navigate the application interface - Explain user roles and access control - Describe reconciliation methods |
| Topic 2: Creating and Managing Rules | 15% | - Add calculated attributes and filters - Apply rules to formats and profiles - Configure validation and alert rules |
| Topic 3: Managing Reconciliations | 20% | - Create different reconciliation types - Manage period status and reconciliation lifecycle - Use summary and group reconciliations - Review, approve, reject and reopen reconciliations |
| Topic 4: Configuring Transaction Matching | 15% | - Define matching rules and processes - Export adjustments and journals - Run auto-match and confirm results - Create match types and data sources |
| Topic 5: Loading and Managing Data | 15% | - Load balances and transactions - Use EPM Automate and REST APIs - Import via Data Management and Data Integration |
| Topic 6: Configuring Reconciliation Compliance | 25% | - Define teams and workflow assignments - Create and manage formats - Create and manage profiles - Set up calendars and periods |
1. When a user requests that responsibility for a reconciliation be reassigned to John, who is another regular user,
John should be able to approve the request.
How can this be configured?
A) In his User Preferences, John should select the Approve Reassignments option.
B) Add John to the Reassignment Approvers security group.
C) On the Reassignment Requests tab in System Settings, in the Allow Reassignment Request Approval By
option, select Users.
D) On the Manage Users tab of the Access Control page, assign John the Reassignment Approvers role.
2. Which statement is FALSE about reconciliations when the period is Closed?
A) Reconciliations with Pending status can start.
B) Preparers can submit reconciliations with Open status.
C) You can load data to reconciliations for the period.
D) Reviewers can approve reconciliations under review.
3. In a reconciliation profile, the Account Payable Reviewers team is assigned as the reviewer, and you want to
require that ALL team members approve the reconciliation.
Which action should you perform?
A) Do not select a Primary User for the Account Payable Reviewers team.
B) In the Instructions tab of the profile, add instructions for all team members to review the reconciliation.
C) Add a rule of the type Require Team Review to the Rules tab.
D) On the Workflow tab of the Profile, select All Reviewers in the Require Action By field.
4. An error occurs during an import transactions job for a match type. What is the result of the job?
A) The transactions are not imported, the match type is locked, and the job status it set to Failed and Locked.
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 entire import is rolled back, and the job status is set to Failed.
5. Which is required for a valid profile?
A) at least one rule
B) at least one currency bucket
C) at least one level of review
D) at least one question
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: B |
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