Oracle Planning 2017 Implementation Essentials — Question 6

What happens if a company runs the Payables Unaccounted Transactions Sweep program for February 2016 if the invoices with a Hold status have an invoice date of January 20, 2016?

Answer options

• A. The accounting dates of all unaccounted invoices will change to February 28, 2016, the last day of the next period.
• B. The accounting dates of all unaccounted invoices will remain unchanged at January 20, 2016.
• C. The accounting dates of all unaccounted invoices will be changed to February 1, 2016, the first day of the next period.
• D. The accounting dates of all unaccounted invoices will be changed to February 20, 2016, the same day of the next period.

Correct answer: A

Explanation

The correct answer is A because when the Payables Unaccounted Transactions Sweep program is run, it updates the accounting dates of unaccounted invoices to the end of the next period. The other options are incorrect as they suggest that the dates remain the same or change to mid or early next period, which does not align with the program's function.