Oracle Exam 1Z0-1055-20 Topic 5 Question 26 Discussion

Actual exam question for Oracle's 1Z0-1055-20 exam

Question #: 26
Topic #: 5

An invoice for $200 USD and a credit memo for $225 USD are due for payment and the ''Apply credits up to zero amount'' option is enabled for the payment process request. Which statement is correct?

AThe payment process request pays only $200 USD alone.

BThe payment process request applies $200 USD of the credit memo to the invoice, leaving a remaining credit of $25 USD, and creates a payment for $0 USD.

CThe payment process request creates a refund for $225 USD and leaves the invoice unpaid.

DThe payment process request doesn't select the invoice or credit memo for payment because the credit reduces the payment to - $25 USD, which is below zero.

Show Suggested Answer

Suggested Answer: B

When you submit a 'payment process request', you can enable the Apply credits up to zero amount payment option. Enablingthe option causes the payment process to apply credits when the credits reduce the payment amount below zero.

The following scenario illustrate the impact of this option.

Credit Amount Greater Than Invoice Amount

An invoice for 200 USD and a credit memofor 225 USD are due for payment.

The following table describes the payment processing that occurs based on the setting for the Apply credits up to zero amount payment option.

Assume that the ''Apply Credits Up to Zero Amount'' option is enabled.

Payment processing applies 200 USD of the credit memo to the invoice and creates a payment for 0 USD. The remaining credit is 25 USD.

References:https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_9F438E13CC89BA0CE040D30A68816F77

by Dierdre at May 03, 2022, 07:27 PM

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