1Z0-1087-26 practice question 7 of 10
Which statement is FALSE about reconciliations when the period is Closed?
Full set: 79 questionsWhen a period status is changed to Closed in Oracle Account Reconciliation, workflow actions for preparers are locked. Preparers are explicitly prevented from submitting reconciliations with Open status during a Closed period. However, reviewers can still approve reconciliations that were submitted prior to closing the period.
B. This statement is true because reviewers retain permission to review and approve reconciliations submitted before period closure.
C. This statement is true because system execution and balance updates can trigger pending reconciliations to start.
D. This statement is true because administrators can perform authorized data loads into a closed period if required.
- Oracle Fusion Cloud EPM
Administering Account Reconciliation
Section: "Managing Periods"
Subsection: "Period Statuses".
- Oracle Fusion Cloud EPM
Reconciling Accounts with Account Reconciliation
Section: "Understanding Reconciliation Workflow Statuses".
Keep practicing
Take the free 1Z0-1087-26 practice test
Ten exam-style questions with answers and explanations, plus the exam facts and study guides.
More questions
Other 1Z0-1087-26 practice questions
- Question 1Which statement about loading pre-mapped balances is FALSE?
- Question 2Which two statements are true about Group reconciliations? (Choose two.)
- Question 3Which is NOT a step in configuring journals in Transaction Matching?
- Question 4When can you run auto-matching for a transaction matching reconciliation?
- Question 5Which statement regarding user-defined attributes is FALSE?
- Question 6Which reconciliation method is appropriate for a prepaid insurance reconciliation that ex…
