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Oracle

1Z0-516 · Question #333

A receipt of $2,000 is received for an invoice that has $1,500 as the amount due. The remittance advice does not state a reason for the overpayment. Identify the receipt state that should be…

The correct answer is B. Unapplied. See the full explanation below for the reasoning.

Question

A receipt of $2,000 is received for an invoice that has $1,500 as the amount due. The remittance advice does not state a reason for the overpayment. Identify the receipt state that should be displayed.

Options

  • AApplied
  • BUnapplied
  • COn-account
  • DUnidentified
  • EPartially applied

How the community answered

(36 responses)
  • A
    3% (1)
  • B
    86% (31)
  • D
    3% (1)
  • E
    8% (3)

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Full 1Z0-516 Practice