Which three statements are true about Balance Forward Billing? (Choose three.)

Question

Options

• ABilling date is an optional grouping rule.
• BBilling date value is mandatory when cycle is external.
• CAccept Consolidated Billing Invoices program is available.
• DPrint New Consolidated Billing Invoices program is available.
• EIt considers both manual transactions and imported transactions.
• FActivity can be consolidated across account sites, or by each billing site.

• A
  7% (2)
• B
  80% (24)
• C
  3% (1)
• D
  10% (3)

Explanation

B is correct because when the billing cycle is set to "External," Oracle AR has no system-generated date to rely on, so the billing date must be supplied manually - making it mandatory, not optional. E is correct because Balance Forward Billing is designed to produce a comprehensive account statement, pulling in all activity regardless of origin - both manually entered and AutoInvoice-imported transactions are included. F is correct because the consolidation scope is configurable: you can consolidate activity across all billing sites under an account, or produce a separate statement per billing site.

A is wrong because the billing date is not a grouping rule at all; grouping rules in Balance Forward Billing are attributes like transaction type or payment terms. C is wrong because no "Accept Consolidated Billing Invoices" program exists in Oracle AR - "Accept" is a fabricated term here. D is wrong because the actual program is called "Print Consolidated Billing Invoices," not "Print New Consolidated Billing Invoices" - the word "New" makes it incorrect.

Memory tip: Use the acronym BEF - Billing date is mandatory for External cycles, Everything (manual + imported) is included, Flexible consolidation by account or site. If an answer choice uses a word that doesn't appear in standard Oracle AR terminology ("Accept," "New"), treat it as a red flag.

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