Oracle
1Z0-961 · Question #23
An installment for $2,000 USD is due for payment on July 31, 2016. The installment has two discounts: the first discount date is June 15, 2016 for $150 USD and the second discount date is June 30…
The correct answer is D. The installment is selected and no discount is applied. See the full explanation below for the reasoning.
Question
An installment for $2,000 USD is due for payment on July 31, 2016. The installment has two discounts: the first discount date is June 15, 2016 for $150 USD and the second discount date is June 30, 2016 for $50 USD. You submit a Payment Process Request with the following criteria:
- Payment Date = June 20, 2016
- Pay Through Date = July 30, 2016
- Date Basis = Due Date
What will be the resulting status of the installment and discount?
Options
- AThe installment is selected and a discount of $150 USD is applied.
- BThe installment is selectedand a discount of $50 USD is applied.
- CThe installment is not selected because the due date is after the Pay Through Date.
- DThe installment is selected and no discount is applied.
- EThe installment is not selected because the discount dates are before the Pay Through
How the community answered
(28 responses)- A11% (3)
- B4% (1)
- D82% (23)
- E4% (1)
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