Oracle Financials Cloud: Accounts Payable 2017 Implementation Essentials — Question 32

A Payment Process Request was submitted and errors were found in the payment file. The payment file and process were terminated.
Which two statements are true?

Answer options

• A. The invoices are placed on payment hold.
• B. The status of each payment in the payment file is Terminated.
• C. The status of the payment file is Terminated.
• D. The status of each payment in the payment file is Cancelled and the related documents are available for future selection.
• E. The status of the payment file is Cancelled.

Correct answer: C, D

Explanation

The correct answer is C and D because, when a payment file is terminated, the status of the payment file reflects this change. Additionally, each payment within that file is marked as Cancelled, allowing for the related documents to be reused later. The other statements are inaccurate regarding the statuses in this situation.