Oracle E-Business Suite R12: General Ledger and Receivables Fundamentals
Exam Number/Code : 1Z0-216
Exam Name : Oracle E-Business Suite R12: General Ledger and Receivables Fundamentals
Questions and Answers : 253 Q&As

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Exam : Oracle certification 1Z0-216
Title : Oracle EBS R12: General Ledger and Receivables Fundamentals
The client entered a miscellaneous receipt by mistake; it was posted to General Ledger. Now the miscellaneous receipt needs to be reversed. Which method would you advise the client to use?
A. Carry out a standard reversal of the miscellaneous receipt.
B. Carry out a debit memo reversal of the miscellaneous receipt.
C. Create a receivable activity adjustment for the reversal of the miscellaneous receipt.
D. Create an adjustment in receivables for the reversal of the effect of the miscellaneous receipt.
E. Create a journal entry in General Ledger to reverse the accounting impact created by the posting of the miscellaneous receipt.
Answer: A

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