Oracle Learning Management Cloud 2021 Implementation Essentials — Question 10

There are four key reports in Cash Management.
What is the correct match for each report and its description?

Report -
1. Cash to General Ledger Reconciliation Report
2. Bank Statement Report
3. Cash in Transit Report
4. Bank Statement Analysis Report

Description -
E: Lists all transactions for a specific bank account, that have been remitted to the bank but have not been cleared.
F: Displays the bank statements that are used to analyze balances and transaction details.
G: Displays balance and transaction information for specific bank statements.
H: Lists bank statement transactions that are accounted in GL but are not reconciled in Cash Management.

Answer options

• A. 1 = H, 2 = G, 3 = E, 4 = F
• B. 1 = E, 2 = G, 3 = H, 4 = F
• C. 1 = H, 2 = F, 3 = E, 4 = G
• D. 1 = H, 2 = E, 3 = G, 4 = F

Correct answer: C

Explanation

The correct answer is C because the Cash to General Ledger Reconciliation Report matches with H, indicating transactions accounted in GL but not reconciled. The Bank Statement Analysis Report corresponds with G, showing specific bank statements' balance and transaction information, while the Cash in Transit Report aligns with E for transactions sent to the bank but not yet cleared. The other options incorrectly match the reports with descriptions that do not fit their functions.