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Exam 1z0-1005 topic 1 question 33 discussion

Actual exam question from Oracle's 1z0-1005
Question #: 33
Topic #: 1
[All 1z0-1005 Questions]

Which two statements are true about the Invoice Validation process?

  • A. creates withholding tax invoices, if withholding tax is enabled to create withholding tax at payment, so that you can make payment on this invoice
  • B. validates project information
  • C. updates supplier balances
  • D. creates tax lines and distributions
  • E. creates accounting entries in draft
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Suggested Answer: BC 🗳️

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jo123
Highly Voted 5 years, 4 months ago
Acc to me it is B,D
upvoted 9 times
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Farzanah
Highly Voted 5 years ago
B. validates project information D. creates tax lines and distributions
upvoted 5 times
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RashiA
Most Recent 4 years, 7 months ago
Correct answer is A,B,C,D
upvoted 1 times
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balachanderv
4 years, 9 months ago
A, B & D-Create withholding invoices,Calculate tax. Create tax lines and distributions,Validate project information.
upvoted 1 times
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SH69
4 years, 11 months ago
answer is B and D
upvoted 2 times
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Damodara
5 years ago
Correct Answer B D
upvoted 3 times
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TBird
5 years, 1 month ago
My apologies it is B,D
upvoted 4 times
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TBird
5 years, 1 month ago
B,C Generate invoice distributions based on: Line information such as default distributions, distribution sets, and overlay distributions. Freight or miscellaneous charge allocations. Calculate tax. Create tax lines and distributions. Calculate withholding. Create withholding invoices. Check for variances between ordered, received, consumed, and invoiced quantities or amounts. Apply or release holds. Validate project information. Check conversion rate information. Check period status. Reserve funds for invoices requiring budgetary control and place holds for insufficient funds and other budgetary control validation errors.
upvoted 1 times
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AKR99
5 years, 4 months ago
Correct Answer AD
upvoted 1 times
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Community vote distribution
A (35%)
C (25%)
B (20%)
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