Oracle Cloud Infrastructure Developer 2020 Associate — Question 12

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

Answer options

• A. Group reconciliations include other individual reconciliations as children.
• B. You cannot use Data Management to import balances for group reconciliations.
• C. The format for the reconciliation must be enabled for Group Reconciliation.
• 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: C, E

Explanation

Option C is correct because the reconciliation format must indeed be enabled for Group Reconciliation to function properly. Option E is also correct as it allows the importing of balances into specified periods as pre-mapped data. Options A, B, and D are incorrect as they either misrepresent the functionality or the structure of group reconciliations.