Q: 17
HOTSPOT
The Account Reconciliation Application (ARA) is used by banking operations to match credit (in) and
debit (out) transactions within client accounts. Both credit and debit transactions are received from
several other applications and stored as the Client Reconciliation logical file. ARA is capable of
automatically matching transactions based on the Business Parameters logical file which is
maintained by users in the ARA.
Access permissions in the User Access logical file are maintained by users in the ARA, and contain
online user account permissions and approval levels.
The users can maintain their own report forms in the Reporting logical file. All reports use the
Currency logical file, which is maintained by an external application, to convert the local payment
currency to Euros.
From the Names of Possible Functions listed identify the data functions for the ARA. Select N/A if a
Name of Possible Function does not apply.
Identify the functions used:


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