Oracle
1Z0-520 · Question #221
Consider the following scenario for Inventory Item B. 1) Standard Cost: $10 2) Purchase Order Line Quantity: 100; Purchase Order Line Price: $12 3) Match Approval Level: Three-Way Matching; Receipt…
The correct answer is B. Debit Material Account $400; Credit Inventory AP Accrual Account $240; Debit Invoice Price. See the full explanation below for the reasoning.
Question
Consider the following scenario for Inventory Item B. 1) Standard Cost: $10 2) Purchase Order Line Quantity: 100; Purchase Order Line Price: $12 3) Match Approval Level: Three-Way Matching; Receipt Routing: Direct Delivery 4) Received Quantity: 40 5) Invoice Price: $14; Invoiced Quantity: 20 Which option describes the effect on different accounts correctly?
Options
- ADebit Material Account $480; Credit Inventory AP Accrual Account $240; Debit Invoice Price
- BDebit Material Account $400; Credit Inventory AP Accrual Account $240; Debit Invoice Price
- CDebit Material Account $400 ; Credit Inventory AP Accrual Account $240; Debit Invoice Price
- DCredit Material Account $400; Debit Inventory AP Accrual Account $240; Credit Invoice Price
How the community answered
(32 responses)- A13% (4)
- B75% (24)
- C3% (1)
- D9% (3)
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