Oracle Benefits Cloud 2021 Implementation Essentials — Question 13

Which two statements are true about processing Receivables adjustments that impact tax amounts? (Choose two.)

Answer options

• A. Receivables can look at the adjustment activity and retrieve the tax rate code.
• B. There is no need to retrieve the tax rate code.
• C. Receivables can look at System Options and retrieve the tax rate code.
• D. Receivables can look at invoice and retrieve the tax rate code.

Correct answer: C, D

Explanation

The correct answers are C and D because Receivables can refer to System Options and invoice details to find the relevant tax rate code for adjustments. Option A is incorrect as it pertains to adjustment activity rather than System Options or invoices, and option B is wrong because retrieving the tax rate code is necessary for accurate adjustments.