Question

What needs to be performed at month end to properly account for unrealized gains and losses on currency exchange fluctuations?

- Translation

- Consolidation

- Reconciliation

- Revaluation

On the manual clearing account reconciliation page, what does the reconciliation type identify?

- The ledger for the accounts you are reconciling

- The reconciliation matching rules and account

- Whether the reconciliation is manual or automatic

- The subledger you are reconciling

For which budget upload method do you generate a csv file?

- FBDI

- OTBI Budget Upload

- Budget Journal Upload

- ADFdi

Answer 1

1.- Reconciliation

Reconcile a foreign currency invoice paid in another foreign currency. When reconciling transactions, either the statement line or transaction recorded must be in your base currency

2.

The subledger you are reconciling

You can use the Manual Reconciliation form to manually reconcile journal entries, cash receipts, transit or clearing accounts, and other types of unreconciled transactions.

Using the Additional Selections form, you can limit the display to the same fields that you specify for matching debits and credits in the Automatic Debit/Credit Account Reconciliation program.

3.

-ADFdi

it is the general Format