Online 1D0-1087-24-D Practice Test

Question 1

How can you configure a profile for reconciliation compliance to show the variance between a current period balance and a prior period balance in a separate workflow from the reconciliation?

Options :

A : On the currency tab, enable a currency bucket for that prior period balance.

B : Add a rule to the Rules tab.

C : Select a format with the Variance Analysis reconciliation method for the profile.

D : Create a calculated attribute to compare the prior period balance to the current period balance and add it to the profile.

Answer: C

Question 2

In the Balance Explanations tab of the Prepaid Expenses reconciliation, you want to include the transactions

and attachments from the prior period in the current period.

Which action should you perform?

Options :

A : In the Balance Explanations tab of the current period reconciliation, select ‘Copy Transactions from Prior Reconciliation’

B : In the profile for Prepaid Expenses reconciliations, select ‘Include Prior Period Transactions’.

C : In the Reconciliations list, copy the reconciliation from the prior period and paste it into the current period.

D : Export the transactions from the prior period reconciliation and then import them to the current period reconciliation.

Answer: B

Question 3

Which two are properties of the organizational unit? (Choose two.)

Options :

A : work days

B : calendar

C : language

D : tax jurisdiction

Answer: A,B

Question 4

Which statement regarding user-defined attributes is FALSE?

Options :

A : You can assign access by user role.

B : They can include calculated values.

C : They can be assigned default value.

D : You can no longer add/edit attributes after reconciliations are created.

Answer: D

Question 5

To which do you assign Holiday Rules?

Options :

A : profiles

B : calendars

C : organizational units

D : periods

Answer: B

EXPERTY DESIGNED 1D0-1087-24-D PRACTICE TEST