Oracle
1Z0-516 · Question #277
As part of its closing process, XYZ Corporation reviews receipt accruals. Occasionally, Payables matches incorrectly, and therefore they find that some perpetual accruals never clear, leaving…
The correct answer is A. Reverse the invoice distributions and rematch if possible. D. Run the Accrual Rebuild Reconciliation Report to identify the receipt accrual that has not cleared. See the full explanation below for the reasoning.
Question
As part of its closing process, XYZ Corporation reviews receipt accruals. Occasionally, Payables matches incorrectly, and therefore they find that some perpetual accruals never clear, leaving reconciliation items on their accrual reports. Which two actions can they perform to solve the problem? (Choose two.)
Options
- AReverse the invoice distributions and rematch if possible.
- BRun the Uninvoiced Receipts Report to identify the receipt accrual that has not cleared and create
- CRun the Matching Hold Detail Report to identify the receipt that has not cleared and use the
- DRun the Accrual Rebuild Reconciliation Report to identify the receipt accrual that has not cleared
How the community answered
(31 responses)- A77% (24)
- B16% (5)
- C6% (2)
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