Oracle Recruiting Cloud 2021 Implementation Essentials — Question 11

You can run predefined reports to reconcile subledger application balances to General Ledger balances.
Which attribute needs to be set up on the Manage Values page for chart of accounts segment values so that you can run the Payables to General Ledger Reconciliation Report or Receivables to General Ledger Reconciliation Report?

Answer options

• A. Start Date
• B. End Date
• C. Financial Category
• D. Third Party Control Account
• E. Reconcile

Correct answer: D

Explanation

The correct answer is D, Third Party Control Account, because this attribute is essential for linking subledger transactions to the General Ledger for reconciliation purposes. The other options, while relevant to various accounting processes, do not specifically facilitate the execution of the reconciliation reports mentioned.