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What is the purpose of a monthly reconciliation

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Reference no: EM132616782

Problem a) what is the purpose of a monthly reconciliation between the financial management reports (Oracle GL reports) and source documents such as journal vouchers and invoices.

Problem b) What action should take once the reconciliation is completed and variances have been identified? Provide an example of a type of discrepancy that would occur

Reference no: EM132616782

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