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You have created two transactions with a 30-day payment term. The first transaction is on January 29, 2015 and the second transaction is on January 31, 2015. The invoice date is the same as the system date. Both transactions are assigned an unsigned receipt method that has the lead days set to 60, number of bills receivable rule set to one per customer, and the bills receivable maturity date rule set to latest. Which statement is true when the create bills receivable batch is processed for a customer on January 31, 2015?
Correct Answer: E
Explanation/Reference: Explanation: Oracle Receivables treats a bill receivable as a separate transaction. Issue Date is the date that the bill was first issued. Maturity Date is the date when full payment is due on the bill. Incorrect Answers: A, C, F: Oracle Receivables treats a bill receivable as a separate transaction. References: https://docs.oracle.com/cd/E18727_01/doc.121/e13522/T355475T355479.htm