Which statement is always true of data loads from Data Management?
Click on the arrows to vote for the correct answer
A. B. C. D.A.
Data Management is a tool in Oracle Account Reconciliation Cloud Service (ARCS) that allows users to load and manage data from external sources into ARCS. The tool provides various options for loading data, such as loading data into a specific period, scenario, or reconciliation.
Now, let's discuss each answer option to determine which statement is always true of data loads from Data Management:
A. You must select either Actual or Budget as the scenario for the data.
This statement is not always true. While Actual and Budget are two common scenarios for financial data, users can create custom scenarios to match their business requirements. Therefore, selecting either Actual or Budget as the scenario for the data is not mandatory in all cases.
B. You cannot load data into reconciliations with a status of Closed.
This statement is always true. Closed reconciliations are final and cannot be changed, so loading data into them is not allowed. To load data into a reconciliation, its status must be Open or In Progress.
C. Only users with the administrator role can run data loads.
This statement is not always true. Users with the Data Load Operator role can also run data loads. The administrator role provides more privileges and access than the Data Load Operator role, but it is not mandatory to have the administrator role to run data loads.
D. If there is no change in the balance, the reconciliation is not updated.
This statement is always true. ARCS compares the loaded data with the existing data in the reconciliation. If there is no change in the balance, the reconciliation is not updated. However, if there is a change in the balance, the reconciliation is updated, and the status changes to In Progress.