• Description: Oracle Receivables 11i Fundamentals
• Passing Score: 75%
• Practice Test - Number of questions: 117 questions
• Simulation Test - Number of questions: 117 questions
• Simulation Test Duration: 90 minutes
• Has explanations: No

Most of Northern Lights Inc.'s customers pay only their own invoices. However, some of the customers also pay other customers' invoices. The client is concerned about applying cash receipts to the wrong customer invoices. Choose a configuration option that meets the client's requirement and alleviates its concern.

Answer(s)

1. Define Customer Account relationships with Reciprocal selected, so that cash receipts can beapplied between customers with relationships.
2. Select Allow Payment of Unrelated Transactions in System Option, so that cash receipts canbe applied without having to define relationships.
3. Select Allow Payment of Unrelated Transactions in System Option and define reciprocalCustomer Account relationships between customers that will pay each other's invoices.
4. Deselect Allow Payment of Unrelated Transactions in System Option, and define reciprocalCustomer Account relationships between customers that will pay each other's invoices.
5. Define Party Paying Relationships assigned with a Pay Below group, which would enable theclient to apply cash receipts between customers with relationships.

Deselect Allow Payment of Unrelated Transactions in System Option, and define reciprocalCustomer Account relationships between customers that will pay each other's invoices.