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Exam Code: PSM-III Dumps

Questions and Answers: 104

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NEW QUESTION: 1
What happens if a company runs the Payables Unaccounted Transactions Sweep program for February
2016 if the invoices with a Hold status have an invoice date of January 20, 2016?
A. The accounting dates of all unaccounted invoices will be changed on February 1, 2016, the first day of the next period.
B. The accounting dates of all unaccounted invoices will be changed to February 20, 2016, the same day of the next period.
C. The accounting dates of all unaccounted invoices will remain unchanged at January 20, 2016.
D. The accounting dates of all unaccounted invoices will change to February 28, 2016, the last day of the next period.
Answer: A
Explanation:
Explanation/Reference:
Run the Payables Unaccounted Transactions Sweep program to transfer unaccounted transactions from one accounting period to another. If your accounting practices permit it, use this program to change the accounting date of the transactions to the next open period.
The program transfers unaccounted transactions to the period you specify by updating the accounting dates to the first day of the new period.
References: https://docs.oracle.com/cloud/farel8/financialscs_gs/FAPPP/F1011880AN1B948.htm

NEW QUESTION: 2
An employee is on vacation. In addition to entering a vacation absence record, the employee also attempts to create an overtime record on the same day.
Which Time Constraint Class Reaction indicator do you assign to the absence and attendance type to prohibit this?
Please choose the correct answer.
Response:
A. A - The old record is delimited and the new record is created. All collisions are displayed.
B. E - The new record cannot be added and the system issues an error message. All collisions are displayed.
C. N - You can create a new record, but the record remains unchanged. Collisions are not displayed.
D. W - You can create a new record, but the record remains unchanged. All collisions are displayed.
Answer: B

NEW QUESTION: 3

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

NEW QUESTION: 4

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


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