Oracle Financials Cloud: General Ledger 2017 Implementation Essentials — Question 69
When a customer opts to make a payment by a credit card, this receipt is identified as a(n) _______________.
Answer options
- A. miscellaneous receipt
- B. quick cash receipt
- C. manual receipt
- D. automatic receipt
- E. AutoLockbox receipt
Correct answer: D
Explanation
The correct answer is 'automatic receipt' because it specifically refers to receipts generated automatically during credit card transactions. The other options do not apply to credit card payments; miscellaneous and manual receipts refer to non-standard or manually entered transactions, while quick cash and AutoLockbox receipts are unrelated to credit card processing.