Oracle Financials Cloud: Accounts Payable 2017 Implementation Essentials — Question 69

You created a payment and before it is cashed by the supplier you mistakenly submitted a request to stop payment. Later you canceled the request to stop payment. What is the resulting payment status?

Answer options

• A. Voided
• B. Negotiable
• C. Stop initiated
• D. Available
• E. Canceled
• F. Cleared

Correct answer: B

Explanation

The payment status becomes Negotiable because the stop payment request was canceled before the supplier cashed the payment. The other options, such as Voided and Canceled, suggest that the payment is no longer valid or has been terminated, which is not the case here.