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Oracle

1Z0-516 · Question #230

Identify three statements that are true about bank and supplier payment. (Choose three.)

The correct answer is C. Supplier's payment requires a bank account with at least one payment document. D. Use the Banking Details page to create bank accounts for making payments to suppliers. E. If bank accounts for a supplier site are entered, Payables defaults the supplier's active bank. See the full explanation below for the reasoning.

Question

Identify three statements that are true about bank and supplier payment. (Choose three.)

Options

  • APrimary bank account can be only at the supplier site.
  • BCredit and debit memos are examples of payment documents.
  • CSupplier's payment requires a bank account with at least one payment document.
  • DUse the Banking Details page to create bank accounts for making payments to suppliers.
  • EIf bank accounts for a supplier site are entered, Payables defaults the supplier's active bank

How the community answered

(29 responses)
  • A
    10% (3)
  • B
    21% (6)
  • C
    69% (20)

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