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NEW QUESTION: 1
Which method will reverse accruals in the next accounting period?
A. Create two events, one for accrual and another for the reversal.
B. Create one entry and use Accrual Reversal GL Date.
C. Create one event and use the GL functionality to perform the reversal.
D. Create one event and use the Accounting Reversal attribute.
Answer: B
Explanation:
The Accrual Reversal GL Date accounting attribute is relevant to applications using the accrual reversal feature.
When the accrual reversal GL date accounting attribute returns a value, the Create Accounting program generates an entry that reverses the accrual entry.
Note:
* If an invoice is not entered by period end, the Receipt Accruals - Period End process will generate accruals and transfer the accounting for them to the GL Interface. Use the Journal Import program to create unposted journals. This journal is created with a reversal date in a subsequent period. The journal must be reversed so your receipt liability is not overstated.
Reference: Oracle Financial Services Accounting Hub Implementation Guide, GL Date Accounting Attributes
NEW QUESTION: 2
The following () air supply methods are mainly applicable to the craft air conditioners in lower work area where there is a large amount of waste heat to be taken away.
A. bottom supply and upper return
B. bottom supply and bottom return
C. upper supply and bottom return
D. middle air-supply
Answer: A
NEW QUESTION: 3
A. Option C
B. Option B
C. Option D
D. Option A
Answer: D
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