Oracle Learning Management Cloud 2021 Implementation Essentials — Question 16

A Payables user creates a manual invoice and a Withholding Tax Classification Code defaults on the invoice line when the invoice is saved.
Where does this Withholding Tax Classification Code default from?

Answer options

• A. From the Party Tax Profile of the Third Party Site
• B. From the Manage Tax Reporting and Withholding Tax Options
• C. From the Income Tax region of the Supplier
• D. From the Site Assignments of the Supplier Site

Correct answer: B

Explanation

The correct answer is B, as the Withholding Tax Classification Code defaults from the settings configured in the Manage Tax Reporting and Withholding Tax Options. Options A, C, and D refer to different elements that do not directly dictate the defaulting behavior of the Withholding Tax Classification Code on a manual invoice.