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Oracle

1Z0-516 · Question #400

ABC Company is implementing Oracle Financials. The finance manager wants to set up a control point before the Receivables entries are transferred to General Ledger. Which two statements are correct…

The correct answer is C. Oracle approval limit can be used to approve or reject the adjustment activities. E. Oracle Approvals Management (AME) Workflow can be used to approve or reject the credit. See the full explanation below for the reasoning.

Question

ABC Company is implementing Oracle Financials. The finance manager wants to set up a control point before the Receivables entries are transferred to General Ledger. Which two statements are correct about the control mechanisms that Receivables can provide? (Choose two.)

Options

  • AOracle approval limit can be used to approve or reject the invoices.
  • BOracle approval limit can be used to approve or reject the credit memos.
  • COracle approval limit can be used to approve or reject the adjustment activities.
  • DOracle Approvals Management (AME) Workflow can be used to approve or reject the invoices.
  • EOracle Approvals Management (AME) Workflow can be used to approve or reject the credit
  • FOracle Approvals Management (AME) Workflow can be used to approve or reject the adjustment

How the community answered

(34 responses)
  • B
    6% (2)
  • C
    79% (27)
  • D
    3% (1)
  • F
    12% (4)

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