Oracle Exam 1Z0-996-22 Topic 5 Question 60 Discussion

Actual exam question for Oracle's 1Z0-996-22 exam

Question #: 60
Topic #: 5

[All 1Z0-996-22 Questions]

Which three statements are true in relation to Financial Transaction creation algorithms? (Choose three.)

AThey control how the payoff balance is affected.

BThey control when a Financial Transaction is to be swept onto a bill.

CThey control how the General Ledger details are created as these must always exist against a Financial Transaction.

DThey control if and how the General Ledger entries are created.

EThey control how the current balance is affected.

Show Suggested Answer

Suggested Answer: A, B, D

by Ashton at Mar 24, 2025, 10:37 PM

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Marica

19 days ago

I believe B, D, and E are the correct statements based on the algorithm logic.

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Tom

27 days ago

I'm not sure about D, but I think B and E are definitely true.

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Gail

29 days ago

I agree with Krissy, those statements make sense.

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Hmm, I'm not sure about B. Sweeping a Financial Transaction onto a bill sounds like a separate process, not something the creation algorithm would control. But what do I know, I'm just a financial wizard in training.

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Refugia

4 days ago

A) They control how the payoff balance is affected.

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Lynelle

1 months ago

C seems a bit off to me. The General Ledger details don't necessarily have to exist against a Financial Transaction, right? That's just an implementation detail.

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Krissy

1 months ago

I think A, C, and D are true.

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Nida

1 months ago

I agree, those three options cover the key responsibilities of the Financial Transaction creation algorithms. It's all about the money, honey!

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Domitila

16 days ago

E) They control how the current balance is affected.

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Geoffrey

18 days ago

C) They control how the General Ledger details are created as these must always exist against a Financial Transaction.

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Ethan

26 days ago

A) They control how the payoff balance is affected.

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Lucille

1 months ago

A, D, and E seem to be the correct answers. Financial Transaction creation algorithms are responsible for managing the payoff balance, General Ledger entries, and current balance.

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Remona

19 days ago

Knowing the true statements related to financial transaction creation algorithms can help streamline financial processes and improve overall accuracy.

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Rosina

22 days ago

It's important to understand how these algorithms work to ensure accurate and efficient financial transaction processing.

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Theresia

25 days ago

A, D, and E are indeed correct. These algorithms play a crucial role in managing various aspects of financial transactions.

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Oracle Exam 1Z0-996-22 Topic 5 Question 60 Discussion

Contribute your Thoughts:

Marica

Tom

Gail

Clorinda

Refugia

Lynelle

Krissy

Nida

Domitila

Geoffrey

Ethan

Lucille

Remona

Rosina

Theresia