Select the correct option to fill in the blank below. If revenue is recognized before billing, the accounting entry that gets triggered would be _________.

Question

Exhibit

Options

• AOption A
• BOption B
• COption C
• DOption D

• A
  84% (47)
• B
  2% (1)
• C
  9% (5)
• D
  5% (3)

Explanation

This example describes the types of revenue accounting entries that are automatically created using the central accounting setup in Oracle Fusion Subledger Accounting. Revenue andinvoices are generated in Oracle Fusion Project Billing. For revenue, the credit is to the appropriate revenue account, and the debit is to the unbilled receivable account. For invoices, the credit is to the deferred revenue account, and the debit is to the appropriate receivables account. Revenue accounting is initiated in Oracle Fusion Project Billing, and invoice accounting is initiated in Oracle Fusion Accounts Receivable. Oracle Fusion Subledger Accounting sends the revenue and invoice accounting to Oracle Fusion General Ledger. Revenue and Invoice Accounting EntriesThe following table contains an example revenue accounting entry. Unbilled Receivables

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