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Oracle

1Z0-516 · Question #307

Identify three statements that are true for creating the withholding tax for standard, recurring, and prepayment invoices. (Choose three.)

The correct answer is B. The Withholding Tax Group defaults in from the supplier or supplier site. C. There can be multiple withholding tax codes with multiple tax authorities assigned to a group. D. You can set up a special calendar to define periods that Payables uses for automatic withholding. See the full explanation below for the reasoning.

Question

Identify three statements that are true for creating the withholding tax for standard, recurring, and prepayment invoices. (Choose three.)

Options

  • AThe Withholding Tax Report is prepared by suppliers.
  • BThe Withholding Tax Group defaults in from the supplier or supplier site.
  • CThere can be multiple withholding tax codes with multiple tax authorities assigned to a group.
  • DYou can set up a special calendar to define periods that Payables uses for automatic withholding
  • EThe Withholding Tax Invoice Description field does NOT include the invoice that the withholding

How the community answered

(18 responses)
  • A
    17% (3)
  • B
    78% (14)
  • E
    6% (1)

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