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CAT-241 · Question #16

The Financial Status determines how transactions entered against a project are handled. If you set the status to Hold, then:

The correct answer is D. New transactions cannot accumulate but existing transactions can be processed against the. See the full explanation below for the reasoning.

Question

The Financial Status determines how transactions entered against a project are handled. If you set the status to Hold, then:

Options

  • AThe project is no longer open for financial processing.
  • BTransactions can be fully processed within the system.
  • CNew transactions cannot accumulate and credit memos cannot be issued against a project.
  • DNew transactions cannot accumulate but existing transactions can be processed against the

How the community answered

(26 responses)
  • A
    15% (4)
  • B
    4% (1)
  • C
    4% (1)
  • D
    77% (20)

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