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Oracle

1Z0-520 · Question #239

Select three statements that are true regarding the clearing account. (Choose three.)

The correct answer is B. You can have a maximum of one asset clearing account per asset category. C. For each payables document you create, you can have a separate cash clearing account. E. You use a separate cash clearing account and cash account to have visibility of the Cash in. See the full explanation below for the reasoning.

Question

Select three statements that are true regarding the clearing account. (Choose three.)

Options

  • AAn asset clearing account can also be used as a project clearing account.
  • BYou can have a maximum of one asset clearing account per asset category.
  • CFor each payables document you create, you can have a separate cash clearing account.
  • DYou can use Cash in Transit report in cash management only if cash clearing account and cash
  • EYou use a separate cash clearing account and cash account to have visibility of the Cash in

How the community answered

(26 responses)
  • A
    15% (4)
  • B
    77% (20)
  • D
    8% (2)

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