nerdexam
Oracle

1Z0-960 · Question #14

Your customer is using budgetary control and encumbrance. You have an open purchase order for $500 USD, which you decide to match to an invoice for $300 USD. What will be the fund status of the…

The correct answer is C. Both are reserved. See the full explanation below for the reasoning.

Question

Your customer is using budgetary control and encumbrance. You have an open purchase order for $500 USD, which you decide to match to an invoice for $300 USD. What will be the fund status of the purchase order and invoice?

Options

  • AThe purchase order is Partially Liquidated and the invoice is Partially Reserved.
  • BThe purchase order is Partially Liquidated and the invoice will be reserved.
  • CBoth are reserved.
  • DThe purchase order is liquidated and the invoice is Partially Reserved.
  • EBoth are Partially Reserved.
  • FThe purchase order is Open and the invoice is validated.

How the community answered

(22 responses)
  • A
    9% (2)
  • C
    77% (17)
  • D
    5% (1)
  • E
    9% (2)

Community Discussion

No community discussion yet for this question.

Full 1Z0-960 Practice