Oracle
1Z0-1054 · Question #52
Encumbrance accounting is enabled for your ledger. An encumbrance journal dated 3/15/16 was recorded for a purchase order. The invoice was entered on 5/5/16, but the invoice accounting date was…
The correct answer is B. The current transaction accounting date was set up under the encumbrance accounting Default. See the full explanation below for the reasoning.
Question
Encumbrance accounting is enabled for your ledger. An encumbrance journal dated 3/15/16 was recorded for a purchase order. The invoice was entered on 5/5/16, but the invoice accounting date was 4/20/16. The encumbrance journal for liquidating the purchase order encumbrance is dated 5/5/16. What is causing this?
Options
- AThe actual accounting date was set up under the encumbrance accounting Default Date Rule
- BThe current transaction accounting date was set up under the encumbrance accounting Default
- CThe subledger accounting option is set to system date
- DThe system date was set up under the encumbrance accounting Default Date Rule
- EThe prior related transaction accounting date was set up under the encumbrance accounting
How the community answered
(30 responses)- A13% (4)
- B77% (23)
- C7% (2)
- E3% (1)
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