Oracle Benefits Cloud 2023 Implementation Essentials — Question 1
Your organization is looking to adopt a flexible approach to control the creation of claims investigation when the lockbox files contain invalid positive remittance references. This feature helps manage lockbox files that encounter invalid transaction numbers for receipts with customer assignment.
When this option is enabled in the Manage Receivables System Options task, which process must be run in Scheduled Processes to process Lockbox Receipts with invalid transaction referenced?
Answer options
- A. Process Receipts and Remittances through Lockbox
- B. Process Lockbox Receipts
- C. Process Lockbox Receipts and Remittance References
- D. Process Receipts through Lockbox
Correct answer: B
Explanation
The correct answer is B, as this specific process is designed to handle Lockbox Receipts with invalid transaction references. Option A includes processing remittances, which is not required for this scenario. Option C suggests processing both receipts and remittance references, which is not necessary here. Option D also implies processing receipts but does not focus specifically on Lockbox Receipts with invalid references.