Home » Oracle » 1z0-1087-20 » Which statement is true for profiles that have a Quarterly frequency selected?
Which statement is true for profiles that have a Quarterly frequency selected?
A. They must be assigned a quarterly calendar.
B. You cannot create reconciliations for profiles with transaction matching reconciliation methods for quarterly periods.
C. You can create reconciliations for those profiles only in periods that have Quarterly frequency selected.
D. The balances for quarterly reconciliations aggregate the balances from monthly reconciliations.
Correct Answer: C
Explanation/Reference:
Explanation:
You begin the reconciliation process for each period by creating reconciliations. You can create reconciliations for all account profiles, or for a filtered list of profiles. The profile frequency, such as monthly or quarterly, must match the period frequency.
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