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Oracle

1Z0-1074-20 · Question #41

Which two things must your customer check daily in order to ensure that all their purchase order transactions from that day have been accounted for in Receipt Accounting Distribution?

The correct answer is B. Review their journal entries, including their sub-ledger accounting events and class where the charges C. Review their accrual balances and clear them. Explanation/Reference:

Process Cost Transactions

Question

Which two things must your customer check daily in order to ensure that all their purchase order transactions from that day have been accounted for in Receipt Accounting Distribution?

Options

  • AReview their audit receipt accrual clearing balances.
  • BReview their journal entries, including their sub-ledger accounting events and class where the charges
  • CReview their accrual balances and clear them.
  • DReview their Receipt Accounting processes that show whether any processes failed and why.
  • EReview their distributions that show the debit and credit information specific to the Receipt Accounting

How the community answered

(61 responses)
  • A
    5% (3)
  • B
    85% (52)
  • D
    3% (2)
  • E
    7% (4)

Explanation

Explanation/Reference:

Topics

#Receipt Accounting#purchase order transactions#accrual clearing#distributions

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