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Exam Code: OMG-OCUP2-FOUND100

Exam Name: OMG Certified UML Professional 2 (OCUP 2) - Foundation Level

Certification Provider: OMG

Related Certification: OMG Certified UML Professional 2 (OCUP 2) - Foundation Level

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NEW QUESTION: 1
You are using both Procurement and Financials. You want the system to automatically accrue uninvoiced receipts. Select two true statements.
A. For period end accruals, accounting is created at material receipt or at delivery to a final destination.
B. For period end accruals, the invoice accounting for inventory items debits receipt inventory and credits the uninvoiced receipts.
C. For perpetual accruals, the invoice accounting debits the accrual account and credits the liability account.
D. For period end accruals, the invoice accounting debits the expense account and credits the liability account.
Answer: C,D
Explanation:
Explanation
Reference
https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_A87306EB5A7752DFE040D30A68817FB2


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