Oracle
1Z0-516 · Question #102
1Z0-516 Question #102: Real Exam Question with Answer & Explanation
Sign in or unlock 1Z0-516 to reveal the answer and full explanation for question #102. The question stem and answer options stay visible for context.
Question
ABC.com has a calendar with 12 monthly periods. Their fiscal year is the calendar year. ABC.com uses Average Balance Processing. ABC.com's Accrual category is defined with Autoreversal, with the reversal period as the Next Day, and an effective date rule of Roll. An accrual journal entered on 29-Apr-05 will be reversed on the _____.
Options
- Anext day in the same period
- Bfirst day of the next period
- Cnext business day in the same period or next period based on transaction calendar
- Dnext business day in the same period
Unlock 1Z0-516 to see the answer
You've previewed enough free 1Z0-516 questions. Unlock 1Z0-516 for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.