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NEW QUESTION 36
Which three are valid reasons why you cannot close your Payables period? (Choose three.)

• A. Unaccounted invoices and payments
• B. Bills payable requiring maturity
• C. Suppliers on payment holds
• D. Unapplied prepayments
• E. Incomplete payment files

Answer: A,B,E

NEW QUESTION 37
Which invoice types can be included in the Create Payment flow?

• A. Standard, Debit Memo and Customer Refund
• B. Standard, Credit Memo and Customer Refund
• C. Standard, Credit Memo, and Invoice Request
• D. Standard, Credit Memo and Debit Memo

Answer: D

NEW QUESTION 38
You are using both Procurement and Financials. You want the system to automatically accrue uninvoiced receipts. Select two true statements. (Choose two.)

• A. For period end accruals, the invoice accounting for inventory items debits receipt inventory and credits the uninvoiced receipts.
• B. For perpetual accruals, the invoice accounting debits the accrual account and credits the liability account.
• C. For period end accruals, the invoice accounting debits the expense account and credits the liability account.
• D. For period end accruals, accounting is created at material receipt or at delivery to a final destination.

Answer: B,C

NEW QUESTION 39
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