Oracle Exam 1Z0-516 Topic 3 Question 39 Discussion

Actual exam question for Oracle's 1Z0-516 exam

Question #: 39
Topic #: 3

ABC Inc.'s calendar is the fiscal year. They also use Average Balance Processing.

ABC's accrual category is defined with AutoReversal, with the reversal period as the next day, and an effective date rule of roll.

An accrual journal entered on 29-Apr-05 will be reversed on the __________.

Afirst day of the next period

Bnext day in the same period

Cnext business day in the same period

Dnext business day in the same period or the next period, based on the transaction calendar

Show Suggested Answer

Suggested Answer: B

by Carlton at Feb 11, 2025, 03:46 PM

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1 days ago

I think the answer is C) next business day in the same period.

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