Exam 1z0-1107-2 Topic 1 Question 18 Discussion

Actual exam question for Oracle's 1z0-1107-2 exam
Question #: 18
Topic #: 1
Which four factors are responsible for calculating taxes on Receivables transactions? (Choose four.)

Suggested Answer: A,B,C,E,F Vote an answer

These are the four factors that are responsible for calculating taxes on Receivables transactions. Products are the goods or services that are sold, and they may have different tax rates or exemptions. Plans are the pricing or discounting schemes that may affect the taxable amount. Processes are the business flows or events that trigger tax calculation, such as invoicing, adjusting, or crediting. Parties are the entities involved in the transaction, such as customers, suppliers, or legal entities, and they may have different tax statuses or registrations. Places are the locations where the transaction occurs or where the products are delivered, and they may have different tax jurisdictions or rules1. Reference: Oracle Financials Business Process Certified Foundations Associate Rel 1

by Miles at Aug 23, 2024, 02:15 AM

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