Oracle Financials Cloud: General Ledger 2017 Implementation Essentials — Question 64

Which three actions are facilitated through the Reconciliation Summary Report? (Choose three.)

Answer options

• A. drilldown to see reconciliation details and to make reconciling corrections
• B. drilldown on the difference amounts to see specific reconciling items and the potential cause of the out-of-balance condition
• C. drilldown from any of the summarized Receivables and Accounting amounts to see detailed activity
• D. drilldown to see details of unaccounted revenue transactions not transferred and posted to the General Ledger
• E. drilldown to view data and use standard Excel functions such as sum, find, sort, and filtering without actually downloading to Excel

Correct answer: B, C, E

Explanation

The correct options B, C, and E highlight the ability to investigate specific discrepancies, view detailed activities from summarized data, and utilize Excel functionalities without downloading. Options A and D are incorrect as they do not directly relate to the summary report's capabilities but rather involve corrective actions or specific unaccounted transactions.