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Exam 1z0-1056-23 All Questions

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Exam 1z0-1056-23 topic 1 question 7 discussion

Actual exam question from Oracle's 1z0-1056-23
Question #: 7
Topic #: 1
[All 1z0-1056-23 Questions]

Upon approval of a remittance batch of type Factored with Recourse, the Receivables application creates a receipt and establishes risk.
How does Receivables establish risk?

  • A. By recording short-term debt
  • B. By generating a bills receivables adjustment
  • C. By recording an entry to the Remitted Bills Receivable account
  • D. By creating an on-account credit memo
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Suggested Answer: A 🗳️
by MSureshARP at Jan. 2, 2024, 3:34 p.m.

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norc
9 months, 2 weeks ago
A. Short term debt
upvoted 1 times
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Delta101
11 months, 4 weeks ago
I think short debt is right i.e. A as Short Debt accounting entry happens
upvoted 1 times
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MSureshARP
1 year, 1 month ago
I think correct answer is B.
upvoted 1 times
...
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