National Payroll Institute PF1 Q&A - in .pdf

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NEW QUESTION: 1
Which two statements are true when you are using the Intercompany Reconciliation Process? (Choose two.)
A. The Reconciliation Period Summary Report shows the Intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature.
B. You need to submit the Extract Intercompany Reconciliation Data job.
C. The ledger balancing lines are generated when the primary balancing segment value is in balance but either the second balancing segment or the third balancing segment is out of balance.
D. The Transaction Summary Report shows only transactions with a status of received.
E. The Clearing Company Balancing Lines appear in the Intercompany Reconciliation Summary Report.
Answer: A,B
Explanation:
Explanation/Reference:
Explanation:
A: The Reconciliation Period Summary Report Lists the processing results of the Extract Intercompany Reconciliation Data program. Includes information about the intercompany receivables and intercompany payables accounts summarized by period. Intercompany Reconciliation process automatically runs this report.
D: The intercompany reconciliation process starts with running the Extract Intercompany Reconciliation Data process.
The intercompany reconciliation reports enable you to reconcile your intercompany receivables and intercompany payables accounts, and identify any missing transactions. These reports list the processing results of the Extract Intercompany Reconciliation Data process.
Incorrect Answers:
B: The reports do not include ledger balancing lines generated when the primary balancing segment value is in balance but either the second balancing segment or the third balancing segment is out of balance.
C: The reports do not include clearing company balancing lines.
E: The Intercompany Transaction Summary Report includes all intercompany transaction columns, and lists information about intercompany transaction lines, grouped by outbound and inbound transactions.
References: https://docs.oracle.com/cloud/latest/financialscs_gs/OCUAR/ OCUAR1559315.htm#OCUAR1573663

NEW QUESTION: 2
You need to determine whether a variable should be removed in the stepwise variable selection methods in logistic regression.
Which two metrics are used to accomplish this task? (Choose two.)
A. Wald Statistic
B. Likelihood Ratio (LR) Statistic
C. Z-Statistic
D. KS-Statistic
Answer: A,B

NEW QUESTION: 3
Which Cisco Nexus 1000v Switch CLI command is used to verify the connection between the Cisco Nexus 1000v Series Switch and VMware?
A. show svd console
B. show svs domain
C. show module
D. show svs connections
E. show svd domain
Answer: D

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