Oracle
1Z0-960 · Question #110
Encumbrance accounting is enabled for your ledger. An encumbrance journal dated 3/15/16 was recorded for a purchase order. The invoice was entered on 5/5/16, but the invoice accounting date was…
The correct answer is A. The subledger accounting option is set to system date. See the full explanation below for the reasoning.
Question
Encumbrance accounting is enabled for your ledger. An encumbrance journal dated 3/15/16 was recorded for a purchase order. The invoice was entered on 5/5/16, but the invoice accounting date was 4/20/16. The encumbrance journal for liquidating the purchase order encumbrance is dated 5/5/16. What is causing this?
Options
- AThe subledger accounting option is set to system date.
- BThe actual accounting date was set up under the encumbrance accounting Default Date Rule.
- CThe system date was set up under the encumbrance accounting Default Date Rule.
- DThe current transaction accounting date was set up under the encumbrance accounting Default
- EThe prior related transaction accounting date was set up under the encumbrance accounting
How the community answered
(42 responses)- A81% (34)
- B2% (1)
- D12% (5)
- E5% (2)
Community Discussion
No community discussion yet for this question.