16 Questions
In the Bank/cash balance variance report, what is the source of the bank statement balance?
Final balance calculated based on the ledger of cash flows
In the Bank/cash balance variance report, what is the source of the bank ledger balance?
Final balance calculated based on the ledger of cash flows
Which of the following statements is true regarding the Cash Position Worksheet (CPW)?
The CPW only includes bank transactions
Which of the following should be done as the first step before looking at the Cash Position Worksheet (CPW)?
Check if all bank statements have been received, integrated, and reconciled
Which of the following functions can be used to check if there is any variance between bank and cash?
All of the above
Which of the following statements is true regarding the Cash Position balance?
The Cash Position balance reflects the final balance calculated based on the ledger of cash flows
What is the purpose of the 'view bank integration continuity controls' flow?
To check the accuracy of integrated bank statements
If the statement identifier in the bank statement does not match the one expected by the system, what happens?
The bank statement is rejected and not integrated
Which report should be used to verify the status of bank statement integration?
Bank connectivity cockpit
What process is responsible for integrating bank statement files into the application?
Bank integration process (AUTOINTEG)
In the context of rejected transactions, what does the action 'force the integration' mean?
It allows overriding the system's checks and integrating the rejected transactions
Which of the following is NOT a required setup for generating Interco interest statements?
Company interco relationship
How can withholding tax on Interco interest be calculated?
Using the Automatic balancing transfer process
Is the following statement true or false? 'The Cash reconciliation term's Creation method is used when the transaction has not been forecasted.'
False
According to Kyriba's recommended interco account naming convention, which of the following is NOT included?
Reconciliation codes
What process can be used to copy cash flows?
The Batch modification process
Test your knowledge on how the system checks balance/date continuity controls in the bank integration process. Questions cover topics such as statement identifier matching, consequences of mismatched identifiers, and which report is used to track integrated bank statements.
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