Which property of profiles is set automatically when you select the format for the profile?
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A. B. C. D.D.
In Oracle Account Reconciliation Cloud Service, a profile is a set of rules and parameters that define how the system reconciles accounts. When you create a profile, you must specify various properties such as the method of reconciliation, normal balance, process, and account type.
Out of the given options, the property that is set automatically when you select the format for the profile is the "Normal Balance."
The normal balance property defines the expected balance of the account. For example, a bank account is typically expected to have a positive balance, while a credit card account is expected to have a negative balance. By setting the normal balance property, the system can automatically identify discrepancies in the account balance during the reconciliation process.
When you create a profile, you can select a pre-defined format that specifies the expected format of the account data. The available formats are Bank, Credit Card, Loan, and Brokerage. When you select a format, the system automatically sets the normal balance property based on the expected balance for that type of account. For example, if you select the Bank format, the system sets the normal balance property to "Debit," since bank accounts typically have a positive balance.
Therefore, the correct answer to the question is B. Normal Balance.