Schedule Reconciliations
Question
From which two dates defined in the period can you schedule reconciliations? (Choose two.)
Answers
Explanations
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A. B. C. D.AC.
https://docs.oracle.com/en/cloud/saas/account-reconcile-cloud/suarc/GUID-52A3F1EF-7D35-41F5-A284-861268631470.pdfThe Oracle Account Reconciliation Cloud Service (ARCS) enables organizations to automate and streamline the account reconciliation process. To schedule reconciliations in ARCS, you need to specify the period during which the reconciliation should occur. This period is defined by a start date and an end date. Additionally, there are other dates defined in the period that can be used to schedule reconciliations.
The two dates defined in the period that can be used to schedule reconciliations are:
Prior period end date: This date is the end date of the previous period. You can use this date to schedule reconciliations for the beginning of the new period, as it provides a clear cutoff point for the previous period.
Close date: This date is the date on which the period is closed. You can use this date to schedule reconciliations for the end of the period, as it indicates that all transactions for the period have been posted and reconciled.
Therefore, options B and C are the correct answers. The end date and start date are part of the period definition but do not provide a specific reference point for scheduling reconciliations.
