1z0-335 Exam Dumps | What is the impact on transactions of changing the billing cycle for a customer or group of customers?

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Oracle Financials Cloud: Receivables 2016 Implementation Essentials
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Question 22/80

What is the impact on transactions of changing the billing cycle for a customer or group of customers?

A. New transactions after this change inherit the new billing cycle.

B. Existing transactions with activity adapt the new billing cycle.

C. Existing transactions with no activity retain the old billing cycle.

D. The billing cycle does not have any impact on new transactions.

Correct Answer: A

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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