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NEW QUESTION: 1
What is the impact on transactions of changing the billing cycle for a customer or group of customers?
A. Existing transactions with no activity retain the old billing cycle.
B. The billing cycle does not have any impact on new transactions.
C. New transactions after this change inherit the new billing cycle.
D. Existing transactions with activity adapt the new billing cycle.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
If you change the billing cycle for a customer or group of customers, transactions entered after the change inherit the payment terms attached to the new billing cycle, but existing transactions retain the old payment terms.
References: https://docs.oracle.com/cloud/latest/financialscs_gs/FAOFC/FAOFC1479507.htm
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A. Type=businessObject
B. Type=rowRef
C. Type=group
D. Type=list
E. Type=elements
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