What happens to a reconciliation if a team member who prepared the reconciliation is deleted from the team at a later point of time?

• A.Changes made by the deleted member are kept intact and the deleted member still appears as the original preparer.
• B.The reconciliation is flagged as invalid and needs to be re-created by the administrator.
• C.Changes made by the deleted member are reverted and the deleted member is removed from the reconciliation as preparer.
• D.Changes made by the deleted member are reassigned to the primary member of the team for review and approval,

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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.On the Workflow tab of the Profile, select All Reviewers in the Require Action By field.
• C.Add a rule of the type Require Team Review to the Rules tab.
• D.In the Instructions tab of the profile, add instructions for all team members to review the reconciliation.

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A team has been assigned as the preparer for a reconciliation, and one team member is designated as the primary user.
What characterizes the primary user?

• A.The system automatically claims the reconciliation for the primary use when the reconciliation status changes to Open (with preparer).
• B.The primary user must approve the reconciliation before the preparer submits the reconciliation.
• C.The primary user can edit the reconciliation properties.
• D.The system automatically re-assigned the reconciliation to the primary user when the current preparer is out of the office.

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Which two statements are true about reconciliation compliance filters?

• A.You can apply them against unmatched transactions.
• B.They can be used by the rules engine.
• C.They can control the records that you see in the list views.
• D.They allow you to save columns to view records on the screen.

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Which statement is true for profiles that have a Quarterly frequency selected?

• A.They must be assigned a quarterly calendar.
• B.You cannot create reconciliations for profiles with transaction matching reconciliation methods for quarterly periods.
• C.You can create reconciliations for those profiles only in periods that have Quarterly frequency selected.
• D.The balances for quarterly reconciliations aggregate the balances from monthly reconciliations.

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