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NEW QUESTION: 1
Refer to the exhibit.
In WCS, what Monitor submenu would provide the table shown?
A. Clients
B. Access Points
C. Alarms
D. Controllers
E. Security
Answer: A
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION: 2
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?
A. Set the intercompany system option minimum transaction amount to $2,999.99 USD.
B. You cannot update the minimum transaction currency when intercompany currency is entered.
C. Set the intercompany system option minimum transaction amount of $3,000 USD.
D. Approval rules need to set the allow of the intercompany transactions to be routed to the receiver or provider.
E. Intercompany invoices will be generated for the minimum accountable amount set at the payable invoice options and receivable system options.
Answer: C,E
NEW QUESTION: 3
The client has implemented automatic revenue recognition using Revenue Polity
Definitions. The payment term threshold of 150 days has been entered in the revenue policy. An invoice of $5,000 is imported with payment term that has four equal installment terms.
*
Net 60
*
Net 90
*
Not 120
*
Net 180
Select the amount of revenue that would be deferred in this case.
A. $5,000
B. $4, 750
C. $1, 250
D. $2,500
E. $1.750
Answer: A
Explanation:
Use the Payment Terms Threshold column to enter the maximum time period in days before payment terms become extended.
When you enter or import a transaction with payment terms or an installment schedule that exceeds the payment terms policy, Receivables:
Assigns the Extended Payment Term contingency to the transaction.
Defers revenue on the entire transaction.
Recognizes revenue on the transaction only to the extent of payments received.
For example, you enter a payment terms threshold of 180 days on your revenue policy, and you later enter or import an invoice with payment terms that have four installments:
Net 60
Net 90
Net 120
Net 200
Receivables defers the entire revenue amount on the invoice because the last installment exceeds the 180-day threshold by 20 days.
Reference: Oracle Fusion Applications Financials Implementation Guide, Payment Terms
Threshold
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