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Oracle

1Z0-516 · Question #740

Client L has implemented Oracle Payables. They have been able to enter invoices and have them validated, but have been unable to create accounting entries. You have been asked to review the…

The correct answer is D. The Payables Accounting Process was not submitted. See the full explanation below for the reasoning.

Question

Client L has implemented Oracle Payables. They have been able to enter invoices and have them validated, but have been unable to create accounting entries. You have been asked to review the situation. Identify what could be causing this problem.

Options

  • AThe base currency has not been defined.
  • BAutomatic offsets have been set to balancing.
  • CThe primary accounting method has not been defined.
  • DThe Payables Accounting Process was not submitted.
  • EThe account for gain or loss attribute has not been enabled.

How the community answered

(29 responses)
  • A
    3% (1)
  • B
    3% (1)
  • C
    10% (3)
  • D
    76% (22)
  • E
    7% (2)

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