Oracle Exam 1Z0-1074-23 Topic 1 Question 6 Discussion

Actual exam question for Oracle's 1Z0-1074-23 exam

Question #: 6
Topic #: 1

A manager has decided to close the period by not allowing any new transactions, except for corrections and adjustments, which can happen any time before the period is closed permanently.

Which cost period status will allow the system to perform the transaction?

AOpen

BClosed

CPermanently Closed

DNever Opened

EClose Pending

Show Suggested Answer

Suggested Answer: B

by Danica at Mar 18, 2024, 03:40 PM

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Hermila

5 months ago

I'm still not sure, but I see the rationale for both A) Open and C) Permanently Closed.

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Danilo

5 months ago

User 4 has a point, I'm leaning towards C) Permanently Closed as well.

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Johnna

5 months ago

Actually, I believe it is C) Permanently Closed because once it's closed, no more transactions can be done.

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Margarita

6 months ago

I agree with user 1, it should be A) Open so corrections can still be made.

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Danica

6 months ago

But wouldn't it make more sense for it to be B) Closed?

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Benton

6 months ago

I think the answer is A) Open.

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Hubert

6 months ago

I agree with Sunny, the answer must be B) Closed because it indicates the period is closed for new transactions except adjustments.

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Sunny

6 months ago

Well, I think the term 'Close Pending' implies that it's not fully closed yet, so it can't be the right answer.

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Wenona

7 months ago

I disagree, I believe the answer is E) Close Pending.

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Sunny

7 months ago

I think the correct answer is B) Closed.

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