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| Section | Weight | Objectives |
|---|---|---|
| Creating and Managing Rules | 15% | - Apply rules to formats and profiles - Configure validation and alert rules - Add calculated attributes and filters |
| Managing Reconciliations | 20% | - Review, approve, reject and reopen reconciliations - Use summary and group reconciliations - Manage period status and reconciliation lifecycle - Create different reconciliation types |
| Overview and Navigation | 10% | - Navigate the application interface - Explain user roles and access control - Describe reconciliation methods |
| Loading and Managing Data | 15% | - Load balances and transactions - Use EPM Automate and REST APIs - Import via Data Management and Data Integration |
| Configuring Transaction Matching | 15% | - Create match types and data sources - Export adjustments and journals - Define matching rules and processes - Run auto-match and confirm results |
| Configuring Reconciliation Compliance | 25% | - Define teams and workflow assignments - Create and manage formats - Set up calendars and periods - Create and manage profiles |
1. Which keyword in a Teams import file identifies the section with the team members?
A) #dependents
B) #team_children
C) #team_items
D) #team
2. Which reconciliation method is appropriate for a prepaid insurance reconciliation that explains the current
month balance?
A) Transaction Matching
B) Account Analysis
C) Balance Comparison
D) Variance Analysis
3. Which statement about rules is FALSE?
A) A rule can set a reconciliation attribute to a specified value when the rule conditions are met.
B) A profile can have a maximum of three rules.
C) You can use a saved filter as the condition in a rule.
D) Profiles inherit rules from their formats.
4. Which statement is FALSE of teams?
A) A user can belong to more than one team.
B) A team can have another team as a member.
C) Teams can be assigned a primary user.
D) Teams are assigned to profiles on the Workflow tab.
5. Which statement is FALSE about calendars?
A) Calendars are associated with periods and organizational units.
B) One period may have many calendars to reflect different date configurations for the period.
C) An organizational unit can be assigned many calendars to enable reconciliations for different financial
dates.
D) Calendars set the dates and frequencies for each period.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: D |
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