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NEW QUESTION 46
Which reconciliation method is appropriate for a prepaid insurance reconciliation that explains the current month balance?
- A. Account Analysis
- B. Variance Analysis
- C. Balance Comparison
- D. Transaction Matching
Answer: C
NEW QUESTION 47
To which do you assign Holiday Rules?
- A. periods
- B. profiles
- C. calendars
- D. organizational units
Answer: C
NEW QUESTION 48
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. It is assigned automatically based on the account type.
- C. Preparers cannot save a reconciliation if the balance type is other than expected.
- D. When it is selected, reconciliations display a warning if their balance is zero.
Answer: A
NEW QUESTION 49
What happens when you load balances to a reconciliation with the status Closed or Open With Reviewer and the balance is different than what was already Certified?
- A. The import fails.
- B. The status reverts to Pending.
- C. The status reverts to Open with Preparer.
- D. The status is unchanged but a notification is sent to the related users.
Answer: C
NEW QUESTION 50
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