Oracle Planning 2017 Implementation Essentials — Question 15

Select three reasons why you cannot close your Payables period.

Answer options

• A. suppliers on payment holds
• B. bills payable requiring maturity
• C. unapplied prepayments
• D. open intercompany transactions
• E. unaccounted invoices and payments

Correct answer: A, B, E

Explanation

The correct answers are A, B, and E because suppliers on payment holds, bills payable requiring maturity, and unaccounted invoices and payments can all create obstacles in closing the Payables period. Options C and D do not directly impact the ability to close, as unapplied prepayments and open intercompany transactions may not necessarily prevent the closure.