Oracle Financials Cloud: General Ledger 2017 Implementation Essentials — Question 47

When reversing a receipt, if an adjustment or chargeback exists, how are the off-setting adjustments created?

Answer options

• A. manually, but without using the Adjustment Reversal and Chargeback Reversal activities
• B. automatically, but without using the Adjustment Reversal and Chargeback Reversal activities
• C. automatically by using the Adjustment Reversal and Chargeback Reversal activities
• D. manually by using Chargeback Reversal activities
• E. manually by using Adjustment Reversal activities

Correct answer: C

Explanation

The correct answer is C because the system automatically generates the necessary off-setting adjustments when both the Adjustment Reversal and Chargeback Reversal activities are employed. The other options suggest either manual processes or the omission of essential activities, which do not align with how off-setting adjustments are created in this context.