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NEW QUESTION: 1
What are the three valid statements related to third-party control accounts that have the type Customer?
A. The customer subledger third party balances will be updated when Journal is completed to Draft Status.
B. The customer sub ledger third-party balances will be updated when Journal is completed to Final Status.
C. The subledger Journal entry lines that use this account need not have customer information
D. The subledger journal entry lines that use this account MUST have customer information.
E. When the third party control account is assigned to a journal line, information such as name and site MUST be provided.
Answer: B,D,E
Explanation:
If third party control accounts are enabled for the application, and the account entered is a third party control account, you must enter third party information in the journal entry.
Scenario
For example, if an account is defined as a third party control account with a type of
Supplier, then the subledger journal entry lines which use that account must include supplier information. When a valid third party control account is assigned to a journal line, you are required to provide third party information, such as name and site.
Submit the Third Party Balances Report to display subledger balance and account activity information for suppliers and customers. The Customer or Supplier subledger third party balances will be updated when the journal is completed to a Final status.
Reference: Fusion Applications Help, Validating a Third Party Control Account: Examples

NEW QUESTION: 2

A. Option B
B. Option A
C. Option C
D. Option D
Answer: C
Explanation:
Explanation

NEW QUESTION: 3
Which option represents a megatrend in the marketplace that has impacted collaboration?
A. expertise on demand
B. dispersed workforces
C. virtualization of the workplace
Real 18
Cisco 700-038 Exam
D. device flexibility
Answer: C
Explanation:
Explanation/Reference:
answer is valid.