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Oracle

1Z0-516 · Question #310

Identify three purposes for which transaction types can be used. (Choose three.)

The correct answer is A. To record how cash can be applied to transactions C. To set whether transactions affect the Accounts Receivable (AR) customer balances E. To record the accounting flexfield value that would be used for the receivable account for. See the full explanation below for the reasoning.

Question

Identify three purposes for which transaction types can be used. (Choose three.)

Options

  • ATo record how cash can be applied to transactions
  • BTo set whether AutoInvoice validates transactions using IDs or values
  • CTo set whether transactions affect the Accounts Receivable (AR) customer balances
  • DTo record the accounting flexfield value that would be used for the cash account for transactions
  • ETo record the accounting flexfield value that would be used for the receivable account for
  • FTo set transaction numbers to be either assigned automatically or entered manually for

How the community answered

(34 responses)
  • A
    82% (28)
  • B
    6% (2)
  • D
    3% (1)
  • F
    9% (3)

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