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Oracle

1Z0-520 · Question #119

Which two are true about the key accounts in the Procure to Pay process? (Choose two.)

The correct answer is A. The Receiving account is used to record the current balance of material in receiving and E. The Exchange Rate Gain or Loss account is used to record differences between the exchange. See the full explanation below for the reasoning.

Question

Which two are true about the key accounts in the Procure to Pay process? (Choose two.)

Options

  • AThe Receiving account is used to record the current balance of material in receiving and
  • BThe Invoice Price Variance account is used to record differences between the invoice price and
  • CThe Expense AP Accrual account is used to accrue payable liabilities when you receive items you
  • DThe Purchase Price Variance account is used to record differences between the purchase order
  • EThe Exchange Rate Gain or Loss account is used to record differences between the exchange

How the community answered

(37 responses)
  • A
    73% (27)
  • B
    3% (1)
  • C
    8% (3)
  • D
    16% (6)

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Full 1Z0-520 Practice