Oracle
1Z0-1054 · Question #19
You create an invoice for USD 100 that is matched to a purchase order of USD 100. You validate the invoice to consume the budget and reduce funds available. And then later, you cancel the invoice…
The correct answer is B. The funds reserved for the purchase order is reinstated while the invoice expenditure is reserved. See the full explanation below for the reasoning.
Question
You create an invoice for USD 100 that is matched to a purchase order of USD 100. You validate the invoice to consume the budget and reduce funds available. And then later, you cancel the invoice. What happens to funds available when you cancel an invoice that requires budgetary control?
Options
- AFunds available will change when the invoice is approved
- BThe funds reserved for the purchase order is reinstated while the invoice expenditure is reserved
- CThe budget will increase by USD 100 and the funds available will decrease by USD 100
- DThe budget and funds available will increase by USD 100
How the community answered
(29 responses)- A3% (1)
- B79% (23)
- C7% (2)
- D10% (3)
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