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Oracle Financials Cloud: Receivables 2018 Implementation Essentials

80 Questions

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Question No. 1

An invoice for $100 USD has revenue deferred due to unmet payment-based contingencies and the Invoice Accounting Used for Credit Memos profile option is set to Yes. A credit memo of $50 USD has been issued against this invoice.
Explain how revenue accounting will occur.
 

Choose the correct option from the given list.
01 / 80

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