Oracle Exam 1z0-1056 Topic 1 Question 2 Discussion

Actual exam question for Oracle's 1z0-1056 exam

Question #: 2
Topic #: 1

You have created two transactions with a 30-day payment term. The first transaction is on January 29, 2015 and the second transaction is on January 31, 2015. The invoice date is the same as the system date. Both transactions are assigned an unsigned receipt method that has the lead days set to 60, number of bills receivable rule set to one per customer, and the bills receivable maturity date rule set to latest.

Which statement is true when the create bills receivable batch is processed for a customer on January 31, 2015?

AA Bills Receivable is created with the issue date as January 31, 2015 and the maturity date as March 2, 2015.

BA Bills Receivable is created with the issue date as January 31, 2015 and the maturity date as February 28, 2015.

CA Bills Receivable is created with the issue date as January 31, 2015 and the maturity date as March 30, 2015.

DTwo Bills Receivable transactions are created with maturity dates as March 30, 2015 and April 1, 2015.

ETwo Bills Receivable transactions are created with the issue dates as January 29, 2015 and January 31, 2015.

FTwo Bills Receivable transactions are created with the issue date and accounting date as January 29, 2015 and January 31, 2015, respectively.

Show Suggested Answer

Suggested Answer: D

by Vilma at May 04, 2022, 09:29 PM

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