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Exam Code: EX283
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NEW QUESTION: 1
Which two statements are true about the cross-charge method, Borrowed and Lent?
A. You must set up the contract business unit to use this method.
B. Costs or revenue are shared based on transfer price rules with this method.
C. This method creates accounting entries that move an amount equal to the transfer price between the provider and receiver organizations within a legal entity.
D. This method creates a formal internal invoice.
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjc/process-project-cost-transacti What's a borrowed and lent processing method?
A method of processing cross-charge transactions that generates accounting entries to share revenue or transfer costs from theprovider organization to the receiver organization within a legal entity.An internal invoice isn't created but costs or revenue are shared based on the transfer price rules.This method provides a financial view of the performance of an organization.
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