Oracle
1Z0-333 · Question #2
1Z0-333 Question #2: Real Exam Question with Answer & Explanation
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Question
Your customer has enabled encumbrance accounting. You have a control budget with the advisory level set at control. For November 2015, your budget for a given combination is $5,000 USD. You have an approved requisition of $900 USD and you have an approved purchase order of $2,500 USD. An adjustment encumbrance journal is created in the General Ledger for the obligation type for $1,600 USD. You then cancelled the approved PO line of $400 USD. For November 201b, you created a new invoice by matching to the PO for $2,100 USD. Which two statements are true?
Options
- APurchase order encumbrance will be released for $2100 USD.
- BAs there are cancellations for $400 USD, the system will partially reserve the funds in November
- CAs you are matching to a purchase order, the system will allow the user to create an invoice with
- DEncumbrance entries are created only for nonmatched Invoices, so the system will not create any
- EThe system always consumes budget of future periods if the limit for the current period is expired,
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