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NEW QUESTION: 1
You have created a sales invoice for $900 USD with an item line of $750 USD and a tax rate of 20%. The customer has made a payment of $500 USD and you are required to process the cash application to apply the $500 USD to the item line and $0 USD to tax.
How would you achieve this?
A. Set Application Rule Set to Line First--Tax After at the transaction source level and/or a default value at the receipt method.
B. Set the payment terms revenue recognition policy to look for Line First and Tax Later.
C. Create a Memo Line or receivable activity to have the check box selected for Apply Item Line First.
D. Set the credit classification revenue recognition policy to look for Line First and Tax Later.
E. Set Application Rule Set to Line First--Tax After at the transaction type level and/or a default value at system options.
Answer: E
Explanation:
Explanation/Reference:
Explanation:
Oracle Fusion Receivables uses the application rule set assigned to the transaction type of the debit item to determine how to reduce the open line, tax, freight, and late charge amounts for both receipt and on- account credit memo applications. If there is no application rule set assigned to the transaction type, Receivables uses the application rule set assigned to system options.
An application rule set uses these application rules:
Line First - Tax After: Apply to the open line item amount first. Apply any remaining amount in the

following order: tax, freight, and then late charges.
Line and Tax Prorate: Apply a proportionate amount to the open line item amount and the open tax

amount for each line. Apply any remaining amount to freight and then to late charges.
Prorate All: Apply a proportionate amount to the line, tax, freight, and late charges.

References: https://docs.oracle.com/cloud/farel8/financialscs_gs/FAOFC/F1113010AN18821.htm

NEW QUESTION: 2

A. Option B
B. Option A
C. Option C
D. Option D
Answer: A

NEW QUESTION: 3
Which of the following malware types is MOST likely to execute its payload after Jane, an employee, has left the company?
A. Worm
B. Logic bomb
C. Botnet
D. Rootkit
Answer: B
Explanation:
Topic 7, Volume G