Oracle Exam 1Z0-519 Topic 1 Question 14 Discussion

Actual exam question for Oracle's 1Z0-519 exam

Question #: 14
Topic #: 1

ABC company closed the accounting period for the month of October. Their current inventory accounting period is November and all their day-to-day transactions fall under the November period.

The goods were physically received on OCT 26th, but the details were not entered into the system. On Nov

5th, they found a missing receipt transaction for Oct 26th.

The business user tried to enter the missing receipt on Nov 5th with the transaction date of Oct 26th.

How would the system respond?

AThe system would post the transaction with the date of Oct 26th.

BIf they adjust the closed period tolerances, the system would allow them to post the transaction.

CThe system would not allow the transaction to be posted because Oct 26th is in a closed period.

DIf they reopen the inventory accounting period, the system would allow them to post the transaction.

EA warning message would appear because the period is closed. they can override it and post the
transaction.

Show Suggested Answer

Suggested Answer: C

by Danica at May 06, 2022, 05:48 PM

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