Multiple choice technology packaged enterprise solutions

__________program is used to import and reconcile a bank statement in the same run.

  1. A. Bank Statement Import

  2. B. Auto Reconciliation

  3. C. Bank Statement Interface

  4. D. Bank Statement Import and Auto Reconciliation

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The 'Bank Statement Import and Auto Reconciliation' program combines both operations in a single execution for efficiency. It first loads the bank statement data into Oracle, then immediately runs auto-reconciliation to match transactions. Running separate programs requires two manual steps and scheduling coordination.

AI explanation

The 'Bank Statement Import and Auto Reconciliation' program combines two steps into a single run: it imports the electronic bank statement data into Oracle and then immediately performs automatic reconciliation against system transactions. Running Bank Statement Import alone would only load the data without reconciling it, requiring a separate Auto Reconciliation step.