[Aug-2022] Study resources for the Valid 1Z0-1087-21 Braindumps! [Q28-Q43]

Q28. 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?

Suggested

Auto Approve

Auto Submit

Confirmed

Q29. Which statement is true about saved filters?

Any user can publish a saved filter that they created.

Saved Filters are public by default.

Only power users and service administrators can publish filters.

Only service administrators can publish filters.

Q30. Which statement is FALSE about reconciliations that use the Transaction Matching Only reconciliation method?

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

They do not participate in period-end compliance workflow.

They do not need to be created for periods.

You must create profiles for them.

Q31. Which two Bank File formats does Account Reconciliation support using pre-built adapters in Data Management? (Choose two.)

SWIFT MT940

BAI

EDI

XML

Q32. In which location do you configure rules for reconciliation compliance transactions?

Format

Reconciliation

Profile

Match Type

Q33. Which is the minimum user security role required to edit profiles?

Service Administrator

User

Power User

Viewer

Q34. Which statement about rules is FALSE?

A rule can set a reconciliation attribute to a specified value when the rule conditions are met.

You can use a saved filter as the condition in a rule.

Profiles inherit rules from their formats.

A profile can have a maximum of three rules.

Q35. Which three fields are required in a load file for pre-mapped balances?

Currency Code

Currency Bucket

Period

Reconciliation ID

Entity

Amount

Q36. Which statement is FALSE about Summary reconciliations?

The Group Detail tab shows transactions for the sub segments.

You can select Show All on the Balance Summary tab to view balances for the child reconciliations.

Summary reconciliations include other individual reconciliations as children.

The Unexplained Difference on the Balance Summary tab shows the total unexplained difference for all the child reconciliations.

Q37. Which is required for a valid profile?

at least one level of review

at least one

at least one rule

at least one currency bucket

Q38. Which transaction matching method is used to match the transactions between two systems if period-end reconciliation is not the objective?

Transaction Matching Only

Variance Analysis with Transaction Matching

Balance Comparison with Transaction Matching

Account Analysis with Transaction Matching

Q39. Which is NOT an attribute type for reconciliation compliance attributes?

Yes/No

True/False

Number

Location

Q40. Which two options indicate the minimum and respectively the maximum number of currency buckets you can enable? (Choose two.)

two

four

one

three

Q41. When can you run auto-matching for a transaction matching reconciliation?

after you load transactions to the reconciliation data sources

after the period end date is reached

after the reconciliation meets its start date

after the reconciliation status changes to Open With Preparer

Q42. To which do you assign Holiday Rules?

profiles

calendars

organizational units

periods

Q43. 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?

In his User Preferences, John should select the Approve Reassignments option.

Add John to the Reassignment Approvers security group.

On the Reassignment Requests tab in System Settings, in the Allow Reassignment Request Approval By option, select Users.

On the Manage Users tab of the Access Control page, assign John the Reassignment Approvers role.

Topic	Details
Topic 1	Describe Reconciliation Compliance and Transaction Matching Describe user roles (Administrator, Power User, User, Viewer)
Topic 2	Identify Use Cases – Clearing or Accrual Reconciliations, Reconciling Debits and Credits Export adjustments or transactions as journal entries
Topic 3	Add calculated attributes and filters Configuring Transaction Matching
Topic 4	Create and manage Profiles (Manual entry, copy & paste, delete, export and import; change theshold) Explain Processes for Reconciliation Compliance (5 step process)
Topic 5	Configuring Reconciliation Compliance Describe 5 balancing scenarios (Golden Rules) Transfer reconciliations between users
Topic 6	Describe Individual, Group, and Summary Reconciliations Describe methods of loading data (including EPM Automate and REST APIs)

[Aug-2022] Study resources for the Valid 1Z0-1087-21 Braindumps! [Q28-Q43]

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