1Z0-1087-26 practice question 2 of 10

Which two statements are true about Group reconciliations? (Choose two.)

Full set: 79 questions

Answer options

A: Group reconciliations include other individual reconciliations as children. Correct answer

B: You cannot use Data Management to import balances for group reconciliations.

C: The format for the reconciliation must be enabled for Group Reconciliation. Correct answer

D: The Group Detail tab shows data for the group reconciliation sub segments.

E: You can import balances into periods as pre-mapped data.

Correct Answer:

A. Group reconciliations include other individual reconciliations as children.; C. The format for the reconciliation must be enabled for Group Reconciliation.

Explanation

In Oracle Account Reconciliation, Group Reconciliations allow a parent reconciliation to aggregate and manage multiple individual child reconciliations. To utilize group reconciliation functionality for a profile, the underlying format used by that profile must have the "Allow Group Reconciliation" option explicitly enabled within its format properties.

Why Incorrect

B: Data Management can be used to import balance data for group reconciliations as well as individual reconciliations. D: Sub-segment balance details are viewed within the reconciliation balance summary and child reconciliations, not a specific "Group Detail" tab. E: Importing pre-mapped data is a general balance import capability across periods, not a defining characteristic unique to group reconciliations.

References

1. Oracle Fusion Cloud EPM, Administering Account Reconciliation, "Creating Group Reconciliations"

2. Oracle Fusion Cloud EPM, Administering Account Reconciliation, "Defining Formats: Allow Group Reconciliation"

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