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NEW QUESTION: 1
What happens if a company runs the Payables Unaccounted Transactions Sweep program for February 2018 if the invoices with a Hold status have an invoice date of January 20, 2018?
A. The accounting dates of all unaccounted invoices will change to February 28, 2018, the last day of the next period.
B. The accounting dates of all unaccounted invoices will be changed to February 20,2018, the same day of the next period.
C. The accounting dates of all unaccounted invoices will remain unchanged at January 20, 2018.
D. The accounting dates of all unaccounted invoices will be changed to February 1, 2018, the first day of the next period.
Answer: D
Explanation:
Explanation
Run the Payables Unaccounted Transactions Sweep program to transfer unaccounted transactions from one accounting period to another. If your accounting practices permit it, use this program to change the accounting date of the transactions to the next open period.
The program transfers unaccounted transactions to the period you specify by updating the accounting dates to the first day of the new period.
References:https://docs.oracle.com/cloud/farel8/financialscs_gs/FAPPP/F1011880AN1B948.htm
NEW QUESTION: 2
A. Option D
B. Option B
C. Option A
D. Option C
Answer: D
NEW QUESTION: 3
When a <proxy> policy layer has set one or more actions to yes, when are these actions performed?
A. At the end of policy processing, in the reverse order they were encountered.
B. At the end of policy processing, in the order they were encountered.
C. In order when they are encountered during policy processing.
D. Depending on the transaction, not all such actions are necessarily taken.
Answer: B
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