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Oracle

1Z0-516 · Question #264

Select three processes that must be performed before closing the purchasing period. (Choose three.)

The correct answer is A. Process period-end receipt accruals. D. Run and review the Uninvoiced Receipts Report. E. Run Transfer Journal Entries to the GL program from Receiving. See the full explanation below for the reasoning.

Question

Select three processes that must be performed before closing the purchasing period. (Choose three.)

Options

  • AProcess period-end receipt accruals.
  • BRun the Purchasing Account Analysis Report.
  • CProcess the remaining inventory transactions.
  • DRun and review the Uninvoiced Receipts Report.
  • ERun Transfer Journal Entries to the GL program from Receiving.

How the community answered

(34 responses)
  • A
    71% (24)
  • B
    12% (4)
  • C
    18% (6)

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