Oracle Financials Cloud: General Ledger 2017 Implementation Essentials — Question 65

What are three functions of the Create Automatic Receipt Write-offs program? (Choose three.)

Answer options

• A. creating write-offs for specific currencies and customers
• B. limiting write-offs by a percentage of the original receipt amount
• C. scheduling periodic write-offs as receipt adjustments for small remaining balances
• D. scheduling periodic write-offs as receipt adjustments for old remaining balances
• E. scheduling periodic write-offs to occur in future periods

Correct answer: A, B, C

Explanation

The correct answers, A, B, and C, are functions of the Create Automatic Receipt Write-offs program that allow for targeted and efficient management of write-offs. Option D focuses on old balances, which is not a defined function, while option E addresses future write-offs, which the program does not inherently support.