Exam 1z0-962 topic 1 question 28 discussion

Actual exam question from Oracle's 1z0-962

Question #: 28
Topic #: 1

You have created payment terms in a system and associated them in the USA reference data set. All the payment terms in the system are shown as follows.
Business Unit X has a set assignment of Enterprise Set for payment terms.
Payment Term = Net 30; Reference Data Set = Enterprise Set
Payment Term = Net 45; Reference Data Set = Enterprise Set
Payment Term = 1%/10 Net 30; Reference Data Set = USA Set
Payment Term = Net 45; Reference Data Set = USA Set
If an invoice is created in Business Unit X, which payment term set is available for use in a transaction?

A. Net 45 (Enterprise Set), Net 45 (USA Set)
B. Net 30 (Enterprise Set), Net 45 (Enterprise Set)
C. Net 30 (Enterprise Set), Net 45 (USA Set)
D. 1%/10 Net 30 (USA Set), Net 45 (USA Set)

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Suggested Answer: B 🗳️

by Jamrock at June 30, 2020, 7:51 p.m.

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Jamrock

5 years ago

LATEST RELEASE 20b: Receivables - Payment Terms - Assignment to one set only, with common values Reference Data Sharing Methods Variations exist in the methods used to share data in reference data sets across different types of objects. Methods relevant to AR: Assignment to one set only, with common values: This method is the most commonly used method of sharing reference data that allows defining reference data object instance across all sets. e.g., Receivables Transaction Types are assigned to a common set that's available to all the business units. You need not explicitly assign the transaction types to each business unit. In addition, you can assign a business unit-specific set of transaction types. At transaction entry, the list of values for transaction types includes the following: -Transaction types from the set assigned to the business unit. -Transaction types assigned to the common set that's shared across all business units. https://docs.oracle.com/en/cloud/saas/applications-common/20b/faesc/reference-data.html#FAESC135275

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