Oracle Planning 2017 Implementation Essentials — Question 14

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

Correct answer: F

Explanation

The payment status is 'Cleared' because the stop payment request was canceled before the supplier cashed the payment, allowing the transaction to proceed. The other options such as 'Canceled' and 'Voided' imply that the payment is no longer valid, which is not the case here.