Oracle Exam 1Z0-517 Topic 2 Question 3 Discussion

Actual exam question for Oracle's 1Z0-517 exam

Question #: 3
Topic #: 2

At your client site, Cash Management is installed along with Oracle Payables. The Payables option for payment accounting is set to account for a payment both on issue and clearing. The cash clearing accounts and cash accounts are different.

What accounting happens when a payment is issued?

Adebit AP liability, credit cash

Bdebit cash clearing, credit cash

Cdebit cash, credit cash clearing

Ddebit AP liability, credit cash clearing

Show Suggested Answer

Suggested Answer: D

by Raymon at May 08, 2022, 08:57 AM

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