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NEW QUESTION: 1
Vital records are defined as records that are fundamental to the functioning of an organization and are necessary to continue operations during
A. Normal circumstances.
B. Litigation.
C. An external audit.
D. Extraordinary conditions.
Answer: D
NEW QUESTION: 2
An installment meets all the selection criteria of a payment process request but still did NOT get selected for payment.
Identify two reasons for this.
A. The invoice has NOT been accounted.
B. The installment was manually removed.
C. The pay-through date is in the closed period.
D. The invoice needs revalidation.
E. The pay-through date is in the future period.
Answer: C,D
Explanation:
An installment can meet the selection criteria of a payment process request, yet not get selected for payment for one or more reasons. You can review installments that were not selected for payment, along with the reasons they were not selected, on the Not Selected tab of the Review Installments page. The reasons are as follows:
*Payment date in closed period (A)
*Invoice needs revalidation (C)
*Rejected by approver
Withholding tax calculation error
Credit reduces payment amount below zero
Invoice requires approval
Invoice never validated
Payment date before system date not allowed
Installment on hold
Supplier site on payment hold
Installment manually removed
Zero amount installments excluded
Note:
*installment One of many successive payments of a debt. You specify how you want payments made when you define your payment terms.
*Pay-Through-Date An Oracle Applications feature you use during automatic payment processing. You define a payment cycle (the number of days between regular payment batches), and Oracle Applications calculates the Pay-Through-Date by adding the number of days in the payment cycle to the payment date. Oracle Applications selects an invoice for payment if either the due date or discount
date is before the Pay-Through-Date
*A payment process request is a grouping of installments that are processed for payment. For each request, you can specify selection criteria, payment attributes, and processing options.
Reference; Oracle Fusion Applications Procurement, Payables, Payments, and Cash Guide, Why didn't an installment get selected for payment?
NEW QUESTION: 3
Which of the following RAID levels provides the BEST guarantee that data will be retained in the event of drive failure without requiring a rebuild?
A. RAID 5
B. RAID 3
C. RAID 1
D. RAID 0
Answer: C
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