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DA-100 100% Correct Answers & Microsoft DA-100 Vce Format - DA-100 Exam Tips - Kolis

  • Exam Number/Code : DA-100
  • Exam Name : Analyzing Data with Microsoft Power BI
  • Questions and Answers : 260 Q&As
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NEW QUESTION: 1
A supplier is using a payment term where the total amount is due on the 10th day of the month; two months ahead with cut off day of 20. The invoice date terms for this specific Supplier.
The supplier has raised an invoice for goods received on April 18 with invoice date of April 24. The invoice was received on April 28. Determine the due date of the invoice.
A. 24-Jun
B. 10-May
C. 10-Jun
D. 24-Jul
E. 10-Jul
Answer: E
Explanation:
Customers who have invoices that fall due before the cutoff day of the invoices'
payment terms receive invoices on the day that you specify in the Due: Day of Month field for the
current month. Customers who have invoices with payment terms that fall due after the terms'
cutoff day receive invoices on the day that you specify in the Due: Day of Month field for the next
month of each of these terms.
Note:
* Cutoff Day. For Day of Month type terms only, the day of month after which the due and discount dates of the scheduled payment will be in a future month. The exact month depends on the value you enter for Months Ahead. Payables compares the invoice terms date to the Cutoff Day. If you leave this field blank, Payables always uses the current accounting month to determine the due and discount dates. For example, your Cutoff Day is 11, your Months ahead is zero, and your Day Of Month due date is 15. If you enter an invoice with a terms date of January 12, Payables will set the due date for February 15.
If you use Due Days or Fixed Date type terms, do not enter a cutoff day.
Reference: Oracle Applications, Payment Terms

 

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DA-100 100% Correct Answers & Microsoft DA-100 Vce Format - DA-100 Exam Tips - Kolis


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