Oracle Financials Cloud: Accounts Payable 2017 Implementation Essentials — Question 41

When submitting the Payables to General Ledger Reconciliation report, the extract did not select any data. What should you check?

Answer options

• A. Make sure you assign an Account parameter when running the extract to include liability accounts.
• B. Make sure you specified a Business Unit in the parameters when running the extract.
• C. Make sure you enabled the Reconciliation flag to all of your liability natural account values.
• D. Make sure you assigned a Financial Category of Accounts Payable to all your liability natural account values.

Correct answer: D

Explanation

The correct answer is D because assigning a Financial Category of Accounts Payable to liability accounts is essential for the extract to recognize and include those accounts in the report. Options A, B, and C are incorrect as they do not address the requirement of having the correct financial category assigned, which is crucial for the data extraction process.