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Oracle Exam 1z0-1107-2 Topic 3 Question 30 Discussion

Actual exam question for Oracle's 1z0-1107-2 exam
Question #: 30
Topic #: 3
[All 1z0-1107-2 Questions]

Cash Management provides you the flexibility to create external transactions. Which two types of transactions can be categorized as external? (Choose two.)

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Suggested Answer: B

Average Days Delinquent is the key performance indicator that will help you to perform an analysis based on the difference between the date of settlement and the due date of payment of invoice. Average Days Delinquent is a measure of how long it takes for customers to pay their overdue invoices. It is calculated by dividing the total number of delinquent days by the number of delinquent invoices.It indicates the average delay in payment and the effectiveness of your collections efforts1.Reference:Oracle Financials Business Process Certified Foundations Associate Rel 1


by Pilar at Sep 19, 2024, 02:19 PM

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Tiera
11 days ago
Hmm, this is a tricky one. I'd say the bank-related items are definitely external, but I'm a little unsure about the other two. I hope I don't get this one wrong on the exam!
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Tesha
14 days ago
I'm not sure about the penalty for delayed supplier payments or the late charges on delayed customer payments. Those seem more like internal transactions to me.
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Elden
22 days ago
Bank charges and bank interest seem like the obvious external transactions in this list. I'm pretty confident those are the correct answers.
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Dalene
2 days ago
A) penalty for delayed supplier payments
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Hana
30 days ago
I'm not sure about late charges on delayed customer payments. Can someone explain why that could be considered an external transaction?
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Beatriz
1 months ago
I agree with Merrilee. Bank charges and bank interest are external transactions because they involve interactions with external financial institutions.
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Merrilee
1 months ago
I think bank charges and bank interest can be categorized as external transactions.
upvoted 0 times
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