CAIP-001 Exam Questions and Answers

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NEW QUESTION: 1
When submitting the Payables to General Ledger Reconciliation report, the extract did not select any dat a. What should you check?
A. Make sure you enabled the Reconciliation flag to all of your liability natural account values.
B. Make sure you specified a Business Unit in the parameters when running the extract.
C. Make sure you assign an Account parameter when running the extract to include liability accounts.
D. Make sure you assigned a Financial Category of Accounts Payable to all your liability natural account values.
Answer: D
Explanation:
You must assign a Financial Category of Accounts payable to all your liability natural account values. This is a required setup step for Payables to General Ledger reconciliation.
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAPPP/F1011880AN1B948.htmc


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