Which three types of reconciliations are suitable for the Transaction Matching feature? (Choose three.)
A. reconciliations with a single data source, like a clearing account
B. reconciliations that are typically zero balance accounts with low activity
C. reconciliations that have amortizing transactions
D. reconciliations with 2 or more data sources, like a cash or accounts receivable account
E. accounts with high volumes of data
|
Download Printable PDF. VALID exam to help you PASS. |
 |
Correct Answer: ADE
B is wrong.
Refer:
Learning About Transaction Matching
Transaction Matching is a perfect complement to the Reconciliation Compliance
feature set. With Transaction Matching, companies can automate preparation of high
volume, labor intensive reconciliations and seamlessly integrate those results into the
tracking features within Reconciliation Compliance.