Oracle Financials Cloud: General Ledger 2017 Implementation Essentials — Question 34

What is the impact on transactions of changing the billing cycle for a customer or group of customers?

Answer options

• A. The billing cycle does not have any impact on new transactions.
• B. Existing transactions with no activity retain the old billing cycle.
• C. Existing transactions with activity adapt the new billing cycle.
• D. New transactions after this change inherit the new billing cycle.

Correct answer: D

Explanation

The correct answer is D because new transactions created after the billing cycle change will adopt the updated billing cycle. Option A is incorrect since the billing cycle can affect how transactions are processed. Option B is wrong because it only applies to transactions without activity, and option C is misleading as it implies that all existing transactions will change, which is not universally true.