Oracle
1Z0-961 · Question #18
The Accounts Payable Manager voided a foreign currency payment due to insufficient funds. Which three statements are correct?
The correct answer is B. Any previous accounting and payment records for an invoice are reversed. D. All related withholding tax invoices are automatically voided. E. All related interest invoices are reversed if previously created. See the full explanation below for the reasoning.
Question
The Accounts Payable Manager voided a foreign currency payment due to insufficient funds. Which three statements are correct?
Options
- AVoiding the payment automatically places an invoice on hold.
- BAny previous accounting and payment records for an invoice are reversed.
- CAny realized gain or loss previously calculated isreversed.
- DAll related withholding tax invoices are automatically voided.
- EAll related interest invoices are reversed if previously created.
How the community answered
(42 responses)- A12% (5)
- B81% (34)
- C7% (3)
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