Oracle Exam 1Z0-1055-21 Topic 1 Question 13 Discussion

Actual exam question for Oracle's 1Z0-1055-21 exam

Question #: 13
Topic #: 1

Your company wants to generate intercompany transactions in USD but only if the amount involved is $3,000 USD or more. Which two intercompany system options are valid?

AYou cannot update the minimum transaction currency when intercompany currency is entered.

BIntercompany invoices will be generated for the minimum accountable amount set at the payable invoice options and receivable system options.

CSet the intercompany system option minimum transaction amount to $ 3,000 USD.

DApproval rules need to set the allow of the intercompany transactions to be routed to the receiver or provider.

ESet the intercompany system option minimum transaction amount to $2,999.99 USD.

Show Suggested Answer

Suggested Answer: B, C

Define intercompany system options to set up intercompany processing rules at the enterprise level, based on your specific business needs.

Minimum Transaction Amount

The minimum transaction amount represents a minimum threshold intercompany transaction amount, and prevents the submission of immaterial transactions for small amounts, which are non-value added. In order to implement this rule, you must select a minimum transaction currency for processing intercompany transactions. These two system options must be related to ensure that when comparing a transaction amount to the minimum transaction amount, the two numbers are entered in the same currency, allowing for an accurate comparison.

References:https://docs.oracle.com/cd/E48434_01/fusionapps.1118/e49599/F1110451AN99BEF.htm

by Dalene at May 06, 2022, 08:24 PM

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