1Z0-1087-20 Training & Certification Get Latest Account Reconciliation Updated on Sep 25, 2021
Certification Training for 1Z0-1087-20 Exam Dumps Test Engine
NEW QUESTION 13
You want to load balances for both the Entered currency bucket and the Functional currency bucket in a single data load.
Which tool should you use?
- A. Smart View
- B. Data Management data load rule
- C. 'Import pre-mapped balances' option in the Periods page
- D. Supplemental Data Management form
Answer: B
NEW QUESTION 14
Which is NOT a step in configuring journals in Transaction Matching?
- A. create journal columns
- B. create journal templates
- C. map journal columns to data source attribute columns
- D. define data source filters
Answer: B
NEW QUESTION 15
Which statement is FALSE of teams?
- A. A team can have another team as a member.
- B. A user can belong to more than one team.
- C. Teams are assigned to profiles on the Workflow tab.
- D. Teams can be assigned a primary user.
Answer: C
NEW QUESTION 16
Which two rule types are available in profiles? (Choose two.)
- A. Require Reconciliation Attachment
- B. Delete Reconciliation
- C. Copy Transactions from Prior Reconciliation
- D. Auto Approve Reconciliation
- E. Flag As Needs Attention
Answer: C,D
NEW QUESTION 17
Which statement is FALSE about reconciliations that use the Transaction Matching Only reconciliation method?
- A. You must create profiles for them.
- B. They display in both the Reconciliations list and the Matching list.
- C. They do not need to be created for periods.
- D. They do not participate in period-end compliance workflow.
Answer: A
NEW QUESTION 18
What happens when you select the Key option for a data source attribute?
- A. Values are required for the attribute.
- B. Transactions are sorted by the attribute.
- C. Transactions with the same key attributes cannot be loaded.
- D. The attribute is hidden from users.
Answer: A
NEW QUESTION 19
Which ability does NOT belong to users with the Power User role?
- A. review reconciliations
- B. prepare reconciliations
- C. edit formats to which they are assigned access
- D. edit profiles to which they are assigned access
Answer: C
NEW QUESTION 20
You want the holidays to be skipped when scheduling due dates for reconciliations for an organizational unit.
What should you do?
- A. Create a calendar and assign it to the organizational unit.
- B. Edit the due date in the reconciliations for the organizational unit.
- C. Add a rule to the Rules tab of the profiles for the reconciliations.
- D. Create a holiday rule and assign it to the organizational unit.
Answer: D
NEW QUESTION 21
Which statement regarding user-defined attributes is FALSE?
- A. You can assign access by user role.
- B. They can be assigned default value.
- C. They can include calculated values.
- D. You can no longer add/edit attributes after reconciliations are created.
Answer: D
NEW QUESTION 22
In which row does an unmatched transaction with an accounting date of April 30th display in the period-end reconciliation for May 31?
- A. It is excluded from the report
- B. Unmatched Supported
- C. Matched In Transit
- D. Unmatched
Answer: B
NEW QUESTION 23
When can you run auto-matching for a transaction matching reconciliation?
- A. after the reconciliation status changes to Open With Preparer
- B. after you load transactions to the reconciliation data sources
- C. after the period end date is reached
- D. after the reconciliation meets its start date
Answer: B
NEW QUESTION 24
Which statement about loading pre-mapped balances is FALSE?
- A. You can import from either tab separated or comma separated files.
- B. You can drill back to the ERP from the reconciliation screen.
- C. You must select a period to which to load the balances.
- D. You must select a currency bucket for the import.
Answer: B
NEW QUESTION 25
Which two are tasks you can perform when confirming suggested matches with adjustments in the Suggested Matches list? (Choose two.)
- A. Enter a date for the adjustment.
- B. Select the data source to adjust.
- C. Enter an adjustment amount.
- D. Select an Adjustment Type.
Answer: B,D
NEW QUESTION 26
To which do you assign Holiday Rules?
- A. periods
- B. profiles
- C. calendars
- D. organizational units
Answer: C
NEW QUESTION 27
Which three types of reconciliations are suitable for the Transaction Matching feature? (Choose three.)
- A. reconciliations that are typically zero balance accounts with low activity
- B. reconciliations that have amortizing transactions
- C. reconciliations with 2 or more data sources, like a cash or accounts receivable account
- D. reconciliations with a single data source, like a clearing account
- E. accounts with high volumes of data
Answer: A,C,D
NEW QUESTION 28
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