1Z0-960 · Question #125
You have enabled budgetary control and have a control budget set to Advisory control level. For September 2016, your budget for a given account combination is $5,000 USD. In the same month, there is…
The correct answer is C. The system always consumes budget of future periods if the limit for the current period is expired, D. As there are cancellations for $400 USD, the system will partially reserve the funds in September. See the full explanation below for the reasoning.
Question
You have enabled budgetary control and have a control budget set to Advisory control level. For September 2016, your budget for a given account combination is $5,000 USD. In the same month, there is an approved requisition for that account of $900 and an approved purchase order for that account of $2,500 USD. There is also a General Ledger adjustment journal entry for that account of $1,600 USD. An approved purchase order line of $400 USD is then cancelled. And an invoice is matched to the purchase order for $2,100 USD. Which two statements are true? (Choose two.)
Options
- ANo change
- BFunds reservation only happens for non-matched invoices, so the system will not reserve funds.
- CThe system always consumes budget of future periods if the limit for the current period is expired,
- DAs there are cancellations for $400 USD, the system will partially reserve the funds in September
- EPurchase order encumbrance will be released for $2,100 USD.
How the community answered
(33 responses)- A6% (2)
- B3% (1)
- C79% (26)
- E12% (4)
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