Oracle Benefits Cloud 2021 Implementation Essentials — Question 21

What is the initial status of a newly created bill receivable?

Answer options

• A. Pending posting
• B. Awaiting approval
• C. New
• D. Awaiting submission
• E. Pending remittance

Correct answer: E

Explanation

The correct answer is E, as a newly created bill receivable is initially in a 'Pending remittance' status, indicating it is awaiting payment. The other options do not accurately reflect the starting state of a bill receivable, as they refer to different stages or actions that do not apply at creation.