Oracle Planning 2017 Implementation Essentials — Question 18

An invoice for $1,000 USD and a credit memo for ($1,100) USD are due for payment. What are the two outcomes if you choose the "Apply Credits Up to Zero
Amount" option when submitting a Payment Process Request?

Answer options

• A. Only the invoice is paid fully but the credit memo is partially paid with a credit of ($100) USD remaining.
• B. Both the invoice and the credit memo are fully paid.
• C. Neither the invoice nor the credit memo is included in the Payment Process Request.
• D. Both the invoice and the credit memo are included in the Payment Process Request.

Correct answer: B

Explanation

The correct answer is B because choosing the 'Apply Credits Up to Zero Amount' option allows the credit memo to fully offset the invoice amount. Therefore, both the invoice and the credit memo are fully settled. The other options are incorrect as they suggest partial payments or non-inclusion in the process.