Your customer is using budgetary control and encumbrance

Question No: 6

Your customer is using budgetary control and encumbrance. You have an open purchase order for $500 USD, which you decide to match to an invoice for $300 USD. What will be the fund status of the purchase order and invoice?

A.         The purchase order is liquidated and the invoice is Partially Reserved.

B.         Both are Partially Reserved.

C.         The purchase order is Open and the invoice is validated.

D.         The purchase order is Partially Liquidated and the invoice is Partially Reserved.

E.         The purchase order is Partially Liquidated and the invoice will be reserved.

F.          Both are reserved.

Answer : E

Reference:

https://docs.oracle.com/cloud/latest/financialscs_gs/FAPPP/FAPPP1011878.htm#FAPPP1011858

https://docs.oracle.com/en/cloud/saas/financials/r13-update17d/fappp/