Oracle Financials Cloud: General Ledger 2017 Implementation Essentials — Question 52

You have created payment terms in a system and associated them in the USA reference data set. All the payment terms in the system are shown as follows.
Business Unit X has a set assignment of Enterprise Set for payment terms.
Payment Term = Net 30; Reference Data Set = Enterprise Set
Payment Term = Net 45; Reference Data Set = Enterprise Set
Payment Term = 1%/10 Net 30; Reference Data Set = USA Set
Payment Term = Net 45; Reference Data Set = USA Set
If an invoice is created in Business Unit X, which payment term set is available for use in a transaction?

Answer options

• A. Net 45 (Enterprise Set), Net 45 (USA Set)
• B. Net 30 (Enterprise Set), Net 45 (Enterprise Set)
• C. Net 30 (Enterprise Set), Net 45 (USA Set)
• D. 1%/10 Net 30 (USA Set), Net 45 (USA Set)

Correct answer: B

Explanation

The correct answer is B because Business Unit X is assigned the Enterprise Set for payment terms, which includes Net 30 and Net 45. The USA Set payment terms, while present, are not available for use since they are not linked to Business Unit X's assigned set.